US-India economic ties
India-US Trade Deal: Piyush Goyal Urges US to Sign Agreement If Satisfied with India's Offer
Dec 12, 2025 12:28 pm CST
Commerce Minister Piyush Goyal has invited the US to finalize the bilateral trade agreement if they are satisfied with India's offer, which US officials have described as their "best ever" received. The proposed deal aims to address the 50% tariffs imposed on Indian goods while balancing agricultural concessions and protecting Indian farmers' interests. Both nations continue negotiations amid ongoing economic dialogue between PM Modi and President Trump.
US Delegation to Visit India Next Week for Critical Trade Agreement Negotiations
Dec 05, 2025 01:40 pm CST
A Trump administration delegation led by Deputy US Trade Representative Rick Switzer is heading to India next week to advance discussions on a potential trade agreement that could reduce the 50% tariffs currently imposed on Indian goods. Both nations are working toward a phased trade understanding, with Indian officials expressing optimism about reaching a solution by the end of the year that would provide relief to India's export sectors heavily impacted by current tariffs.