US Edition
Will Have to Watch This Space for Next Few Days: EAM Jaishankar on India-US Trade Deal
- External Affairs Minister S. Jaishankar and Indian trade officials are negotiating a complex trade deal with the United States ahead of the July 9 tariff deadline in Washington, DC.
- The talks follow US President Donald Trump's April 2 imposition of 26 percent tariffs on India, paused for 90 days to allow negotiations amid disputes over agriculture and dairy protections.
- India insists on protecting its dairy sector and small farmers, while the US demands greater access for genetically modified crops, poultry, and commitments on Boeing aircraft purchases.
- Jaishankar stated, "We are in the middle of a very intricate trade negotiation" and expects some give and take with a deal potentially near completion before the July 9 deadline.
- If no agreement is reached by July 9, India may face about a 10 percent tariff, but a successful deal could advance bilateral trade from $262 billion in 2024 closer to a $500 billion target.
21 Articles
21 Articles
Hectic Parleys Underway in Washington Between India & US on Proposed Interim Trade Deal
Get latest articles and stories on India at LatestLY. Hectic parleys are underway between officials of India and the US in Washington on the proposed interim trade agreement between the two countries, an official said on Wednesday. India News | Hectic Parleys Underway in Washington Between India & US on Proposed Interim Trade Deal.
How is the India-US trade deal shaping up?
US President Donald Trump, Treasury Secretary Scott Bessent and External Affairs Minister S Jaishankar this week have all expressed optimism that a US-India bilateral trade deal is close. However, officials say that key sticking points remain with New Delhi said to be adamant about carving out protections for its dairy and agriculture industry and the US negotiators insistent about opening up a new market for their products including genetically…
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The India-US trade negotiations are at an advanced stage and a consensus on an interim deal is within reach, a key official told NDTV on Tuesday, adding that Washington's demands on agricultural...
US bill proposes 500% tariff on India, China over Russia business ties
A proposed US bill backed by President Donald Trump could slap massive tariffs on nations buying Russian oil. The move aims to isolate Moscow and bring it to the table for peace talks on Ukraine, but risks diplomatic and economic fallout with key partners, including India and China, even as New Delhi is in the midst of negotiating a trade deal with Washington.
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