Commerce Secretary Rajesh Agrawal
India Proposes Preferential Trade Agreement with Mexico to Counter New Tariffs on $2 Billion Export Goods
Dec 16, 2025 02:52 am CST
India is pursuing a preferential trade agreement with Mexico to offset newly announced steep tariffs ranging from 5% to 50% that will affect approximately $2 billion of Indian exports starting January 2026. Commerce Secretary Rajesh Agrawal confirmed technical talks are underway to protect key export sectors including automobiles, textiles, and steel while maintaining WTO compliance.
India Promises "Appropriate Measures" in Response to Mexico's 50% Import Tariffs: Trade Tensions Rise
Dec 13, 2025 11:03 pm CST
India has warned it will take appropriate measures to protect its exporters after Mexico approved a 50% tariff increase on select Indian products effective January 2026. Officials from India's Department of Commerce are engaging with Mexico's Ministry of Economy to find mutually beneficial solutions aligned with global trade rules, as both nations explore potential free trade agreement negotiations that could shield Indian companies from these new tariffs.
India and US to Begin Critical Three-Day Trade Talks on December 10 Amid Tariff Tensions
Dec 06, 2025 08:24 pm CST
India and the United States will commence three-day negotiations in New Delhi from December 10-12 on their proposed bilateral trade agreement, led by Deputy USTR Rick Switzer. These talks aim to address the 25% tariff plus 25% penalty currently affecting Indian exports and are part of efforts to reach a framework deal this year, with the ultimate goal of doubling bilateral trade to $500 billion by 2030.
India-EU Free Trade Agreement Set to Conclude by December, Says Commerce Secretary Rajesh Agrawal
Oct 16, 2025 01:56 pm CST
Commerce Secretary Rajesh Agrawal announces that India-EU free trade agreement negotiations are in their final stages with expected conclusion by December. The 14th round of talks covered 12 policy areas focusing on market access, Rules of Origin, and technical barriers to trade, representing a significant partnership between the $20 trillion EU bloc and India, the world's fastest growing large economy.