LPG import deal
India-US Trade Negotiations Progress: Piyush Goyal Promises Good News When Deal Meets Fair and Balanced Criteria
Nov 18, 2025 10:25 pm CST
Commerce Minister Piyush Goyal has indicated positive developments in the ongoing India-US trade negotiations, stating that good news will be announced once a fair and balanced agreement is reached. The proposed deal aims to increase bilateral trade to $500 billion by 2030, while protecting Indian farmers and small industries. Despite current tariff tensions, both countries remain committed to strengthening their strategic trade relationship.
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.