India-US trade deal: The focus remains on securing an interim trade arrangement before finalising the first phase of the bilateral trade agreement. (AI image) India-US trade deal: A bilateral trade agreement between US President Donald Trump-led US and PM Narendra Modi-led India could be sealed as early as the end of June. A delegation of…
India-US are in talks for trade deal (AI image) A successful bilateral trade agreement between India and the US could transform current challenges into economic opportunities by expanding market access and boosting exports, according to the Finance Ministry’s Monthly Economic Review released on Tuesday.The report comes amid ongoing negotiations between the two nations, with an…
US President Donald Trump’s frequent accusations that India unfairly benefits from trade with the United States are based on an incomplete picture, the Global Trade Research Initiative (GTRI) has claimed in a detailed new report. Challenging Trump’s narrative of a large trade deficit, the report argues that when broader economic engagements are considered, India actually…
Pakistan has offered a zero tariff bilateral trade agreement to the United States, as reported by Geo News. This development comes after the US claimed to have brokered a ceasefire between Pakistan and India. The offer includes zero tariffs on selected tariff lines of mutual interest to expand bilateral trade. This move contrasts with India’s…
NEW DELHI: Days before commerce & industry minister Piyush Goyal visits Washington for a fresh round of talks on the proposed bilateral trade agreement, govt has for the first time threatened to act against the US after a barrage of attacks by American President Donald Trump, who called India “tariff king”.Govt’s decision to initiate steps…
NEW DELHI: US President Donald Trump on Wednesday said that tariff talks with India was “going great” and there was a possibility that the two nations have struck a deal.“Talks with India on tariffs were coming along great, and he thinks the two countries will reach a deal,” Reuters cited Trump saying.India and the US…
US President Donald Trump on Wednesday indicated he has received confirmation suggesting India intends to lower tariffs on certain goods. Trump’s remarks came after Vice President JD Vance, during his visit to Jaipur, said India and US have finalised terms for trade negotiations. “I understand that India will reduce tariffs,” Trump stated while speaking to…
PM Narendra Modi and Donald Trump (File photo-ANI) The proposed India-US bilateral trade agreement is unlikely to include a ‘zero-for-zero’ tariff strategy, as the two nations are at different stages of economic development, official sources said. The idea, though floated by trade experts to counter reciprocal tariff hikes by the US, does not align with…
At a White House Rose Garden event on Wednesday on what he called “Liberation Day” for the US, India became a middling victim in Trump’s take-no-prisoner approach that treated friend and foe alike with a two-tier tariff: a baseline tax of 10% on all countries that will go into effect on April 5, and additional…
File photo: PM Narendra Modi and US President Donald Trump NEW DELHI: India and the US concluded the initial round of discussions for a bilateral trade agreement on Saturday and experts will now move ahead with sectoral discussions in the coming weeks.“In order to realize the shared objective of promoting growth that ensures fairness, national…