tariff reduction
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.
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.
US Eliminates Tariffs on Food Imports from Four Latin American Nations to Lower Consumer Prices
Nov 14, 2025 10:37 am CST
The United States has announced the removal of tariffs on select food imports from Argentina, Ecuador, Guatemala, and El Salvador through new framework agreements. These deals aim to reduce prices on products like coffee and bananas while expanding market access for American businesses. The Trump administration expects retailers to pass savings to consumers as part of a broader initiative to address cost-of-living concerns. Similar negotiations with other Latin American countries may yield additional agreements before year-end.
Trump-Xi Summit Results in Historic Trade Agreement and Pledge for "Everlasting Peace"
Nov 02, 2025 09:52 am CST
US President Donald Trump and Chinese President Xi Jinping reached a landmark trade agreement during their meeting at the APEC Summit, reducing tariffs from 57% to 47% and securing China's commitment to purchase American agricultural products while addressing the fentanyl crisis. Trump described the meeting as "a great one" that would lead to "everlasting peace and success" between the two nations.
India and US Approach Historic Trade Deal to Reduce Tariffs by 35%: What You Need to Know
Oct 22, 2025 12:31 pm CST
India and the United States are finalizing a significant trade agreement that would reduce US tariffs on Indian imports from 50% to 15-16%, while potentially decreasing India's Russian oil imports. The deal focuses on energy and agriculture sectors, with provisions for non-GMO US corn and soymeal imports. An announcement is expected at the upcoming ASEAN Summit following recent discussions between Prime Minister Modi and President Trump.
India-UK Free Trade Agreement: Boosting MSMEs, Creating Jobs and Doubling Bilateral Trade by 2030
Oct 09, 2025 06:49 pm CST
Prime Minister Narendra Modi and British PM Keir Starmer discussed the newly signed India-UK Comprehensive Economic and Trade Agreement (CETA), which aims to boost MSMEs, create jobs, and double bilateral trade from the current $56 billion before 2030. The agreement will enhance market access, reduce tariffs, and bring nine UK universities to India, demonstrating both nations' commitment to strengthening economic and educational partnerships during global uncertainty.
Scotch Whisky Industry Set to Flourish as UK PM Starmer Makes Official India Visit to Implement Landmark Trade Deal
Oct 08, 2025 12:36 pm CST
British Prime Minister Keir Starmer's two-day visit to India focuses on implementing the recently signed India-UK Free Trade Agreement, with the Scotch whisky industry positioned as a major beneficiary. The trade deal is expected to boost whisky exports to India by £1 billion annually, create over 1,000 UK jobs, and contribute £190 million yearly to the Scottish economy once the CETA agreement is fully ratified by British Parliament in 2025.
Opinion | Beyond Hesitations: Why The India-UK Trade Deal Is An Inflexion Point
Jul 25, 2025 07:33 pm CST
For long, Indo-UK relations have been shadowed by the echoes of a colonial past. While that history must never be forgotten, it is crucial to acknowledge the evolving dynamics of a modern, democratic India and a globally engaged Britain.
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.