India US Trade Deal: The much awaited trade deal between India and America may happen in the first six months of this year. This has been said by Ian Bremmer, head of Eurasia Group and world renowned risk analyst. He says that American tariff increase on India may not even be included in the list of major risks for India in 2026. According to Bremer, this issue will definitely be big in 2025, but its importance will reduce significantly in 2026.
In an exclusive interview given to NDTV, Ian Bremner was asked about the timeline of the India-US trade deal. On this he clearly said, ‘India-America trade deal will be done in the first half of this year.’
Talks have been going on for several months
Negotiations on India-US trade deal have been going on for the last several months, but in August 2025, relations between the two countries turned sour when America imposed 50 percent tariff on India. This tariff was imposed due to India continuing to buy oil from Russia.
Prime Minister Narendra Modi last spoke to US President Donald Trump on December 11. This conversation took place shortly after Russian President Vladimir Putin’s visit to India. After this, after the visit of US Deputy Trade Representative Rick Switzer to India in December, Union Commerce Minister Piyush Goyal had said that talks regarding a trade deal with America are in the advanced stage.
Donald Trump gave a statement
Earlier today, President Donald Trump also said that his relations with Prime Minister Modi are good, but there is disagreement regarding tariffs. Trump said, ‘I have a very good relationship with Prime Minister Modi, but he is not happy with me because India has to pay higher tariffs. However, now India has reduced oil purchases from Russia to a great extent.
Constant changes in the situation regarding trade deals and the absence of any fixed deadline have increased the pressure on Indian exporters, especially before the new financial year. Many domestic export sectors of India have been badly affected by the 50 percent tariff imposed by America. These include leather, chemicals, footwear, gems and jewellery, textile and shrimp industries. These areas are expected to get relief in the coming days.

