India-US trade agreement
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.
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.