export decline
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."
Trump Tariffs Driving Up Living Costs for Majority of Americans, Survey Reveals Impact on US-India Trade
Nov 05, 2025 11:55 am CST
A new ABC News/Washington Post/Ipsos survey reveals that most Americans are experiencing higher living costs due to President Trump's tariff policies, with 70% reporting increased grocery expenses. The impact extends to US-India trade relations, where India's exports to the US have fallen by 37.5% between May and September 2025 following the implementation of 50% tariffs. The economic consequences are being felt across political affiliations and various consumer sectors.
India-US Trade Relations: 50% US Tariffs Cause 11.93% Drop in Indian Exports While China Trade Grows
Oct 16, 2025 01:08 am CST
India's exports to the US fell 11.93% in September following Washington's 50% tariff implementation, while China trade surged with exports up 34.18%. The bilateral trade data reveals significant market shifts as India-US negotiations continue for a new trade agreement amid growing concerns about sector-specific impacts.