commerce ministry
India-US Bilateral Trade Agreement Nears Completion: Set to Address 50% Tariffs and Boost Trade Relations
Nov 18, 2025 02:19 am CST
The first phase of the India-US bilateral trade agreement is nearing completion, designed to address the 50% tariffs imposed by the Trump administration while resolving market access issues. The deal aims to more than double bilateral trade to $500 billion by 2030 from the current $191 billion, with both countries working to balance their trade relationship despite current tensions over India's Russian oil purchases.
India Seeks Fair and Balanced Trade Deal with US: Piyush Goyal Refuses to Compromise Key Sectors
Nov 12, 2025 12:35 am CST
Commerce Minister Piyush Goyal emphasizes India's commitment to a fair trade agreement with the US while protecting crucial sectors like agriculture and fisheries. Amid 50% US tariffs and declining exports, negotiations aim to double bilateral trade to $500 billion by 2030, with President Trump recently indicating willingness toward a "fair trade deal."
China Approves TikTok Transfer Agreement: US Treasury Secretary Confirms Progress
Oct 31, 2025 12:19 am CST
US Treasury Secretary Scott Bessent has confirmed that China has approved the transfer agreement for TikTok, with implementation expected in coming weeks. The announcement follows a meeting between President Trump and Chinese leader Xi Jinping in Kuala Lumpur, marking a significant development in the ongoing negotiations over the popular short video platform.
China Vows to 'Fight to the End' as US Imposes 100% Tariffs in Escalating Trade War
Oct 14, 2025 02:25 pm CST
China declares readiness to "fight to the end" in response to President Trump's announcement of 100% tariffs on Chinese goods following Beijing's rare earths export controls. Despite escalating tensions, Chinese exports show resilience with 8.3% year-on-year growth in September, including increased shipments to the US market.
India, US Trade Talks On At Different Levels: Official
Sep 24, 2025 09:56 pm CST
India-US talks are happening at different levels covering both trade and non-trade issues, an official said.
Piyush Goyal To Visit US Tomorrow For Trade Talks Amid Tariff Tension
Sep 21, 2025 09:52 am CST
Commerce and Industry Minister Piyush Goyal will lead an official delegation to the US for trade talks on September 22, an official statement said on Saturday.
Centre Plans Big Push For E-Commerce Exports, Talks On With Amazon, Flipkart
Sep 17, 2025 07:58 pm CST
The government, in a huge push for export in the wake of the US imposition of 50 per cent tariff, will set up special export entities tied to e-commerce platforms.
"India Coming To The Table": Top Trump Aide Ahead Of Trade Talks
Sep 16, 2025 10:08 am CST
Donald Trump's trade adviser Peter Navarro made remarks as the US chief negotiator arrived in Delhi on Monday for a day-long talk on the trade deal.
From Cars And Chocolates To Scotch And Salmon: What Gets Cheaper With India-UK Trade Deal
Jul 24, 2025 08:58 pm CST
On Thursday, the India-UK Free Trade Agreement was signed and formalised, during Prime Minister Narendra Modi's visit to the UK, where he met his counterpart Keir Starmer.
Indian Negotiators Extend US Stay As Trade Talks Gather Pace: Report
Jun 29, 2025 10:33 pm CST
India's trade team has extended its stay in Washington to iron out differences as the two sides look to clinch a deal before a July 9 deadline when higher US tariffs are set to kick in, people familiar with the matter said.