US India Trade Talks: The two main negotiators between India and America will hold four-day discussions from Monday. The trade deal agreement between the two countries will be finalized. The US delegation will be led by chief negotiator Brendan Lynch. Darpan Jain from India is Additional Secretary in the Commerce Department, he will be the main interlocutor in this discussion. This dialogue will run between June 1 and 4.

The Commerce Ministry has said that both sides will negotiate on many areas under the comprehensive BTA to finalize the agreement. These include proposals related to markets, non-tariff measures, customs duties, business facilities, investment and economic security.

America and India issued a joint statement on February 7

Earlier on February 7, India and America had issued a joint statement. In this, the outline or framework of the first phase of a bilateral trade agreement or an interim trade agreement was finalized. Now both will finalize that deal legally. This framework has reaffirmed the trade commitment between the two countries.

Also read: Trump’s threat before final talks on deal with Iran, said- ‘If we don’t get what we want…’

America agreed to reduce 50 percent tariff to 18 percent?

According to that framework, America had agreed to reduce the tariff imposed on India from 50 percent to 18 percent. America had earlier removed 25 percent tariff on Indian goods for buying Russian oil. Under the agreement, 25 percent was to be reduced to 18 percent.

Here, on February 20, the Supreme Court of America had canceled the reciprocal tariff imposed by the President. These tariffs were imposed under the International Emergency Economic Powers Act of 1977. After this, on February 24, Trump had announced to impose 10 percent tariff on all countries for 150 days. To take these discussions forward, a team from America will stay in India from June 1 to 4.

Also read: Big decision of Government of India amid Hormuz crisis, export duty reduced on petrol and diesel, how much tax will be charged now?

America and India on Friday (6 February 2026) released the framework of an interim trade agreement. With this agreement, work has been accelerated towards a large and permanent bilateral trade agreement between the two countries. Amid the ongoing tension regarding tariffs in recent times, this step is being considered to strengthen the economic relations between the two countries.

The joint statement said that India and America will soon implement this framework and will work together to finalize the interim agreement. Its objective is to create such a trade agreement that benefits both the countries equally. This has been described as an important achievement for India-US partnership.

The news is being updated…

India US Trade Deal: After the announcement of reduction in additional tariffs imposed by America on India, there has been tremendous enthusiasm in the Indian business world and stock market. Chamber of Trade and Industry (CTI) welcomed this decision and said that it will strengthen many important sectors like textile, leather, gems and jewellery, auto component, chemical, pharma, seafood and electronics and will bring new energy in India’s export and investment environment.

market in excitement

According to CTI Chairman Brijesh Goyal, there was huge volatility and uncertainty in the stock market after the imposition of additional tariffs, but as soon as the tariff cut was announced, there was a strong rise in Sensex and Nifty and there was strong buying in US related stocks. He said that stocks like Adani Port, Adani Green and Adani Energy registered a rise of 8 to 10 percent, while stocks like Bharat Forge, Mothersons and Sona BLW also showed good growth.

Goyal said that after this decision, foreign investors are also showing interest in the Indian market again, which is a positive sign after a long time. He also said that due to 50 percent tariff, Indian products had become costlier by about 35 percent in America, due to which buyers started turning to other countries and exports worth more than 48 billion dollars were affected, and the employment of about 10 lakh people was at risk.

boom in exports

According to CTI, India exports large quantities of pharmaceuticals, textiles and apparel, gems and jewellery, auto components, chemicals, seafood and engineering goods to the US, while India imports minerals, expensive gems and jewellery, machinery, aircraft components, electrical-optical goods and chemicals from the US. CTI believes that tariff reduction will further strengthen India-US trade relations, give impetus to exports, create new employment opportunities and provide major support to the economy.

Also read: Tariff reduction and relief… India-US trade deal announced, but still awaited

India US Trade Deal: The announcement of India-US trade deal on Tuesday filled tremendous enthusiasm in both the market and the rupee. As soon as the news of the agreement broke late on Monday night, the BSE Sensex jumped by nearly 2,600 points in the morning trade, while the rupee gained 1.2 percent against the dollar.

Under this deal, America has now announced to impose only 18 percent duty on Indian products instead of the proposed 50 percent high tariff. Due to this, vigorous buying was seen especially in export-oriented sectors. On the morning of Tuesday, February 3, a rise of up to 20 percent was recorded in many shares of the textile and leather sector.

Which stocks rose?

On BSE, shares of KPR Mills rose 20 percent, Garware Technical Fibers 20 percent, Welspun Living 19.85 percent, Vardhman Textile 19.60 percent and Trident 19.52 percent.

Apart from this, there was an increase of 9.56 percent in Raymond Lifestyle and 5.31 percent increase in Page Industries. In the leather and footwear sector, Bharatiya International was up 10.70 percent, Mayur Unicoaters was up 7.39 percent, Bata India was up 5 percent and Metro Brands was up 3.96 percent.

Big relief to India
Finance Minister Nirmala Sitharaman welcomed the US duty cut and called it a big boost for the ‘Made in India’ initiative. He said on the social media platform ‘X’ that Indian products will now have to pay a lower retaliatory duty of only 18 percent in America. He thanked the leadership of Prime Minister Narendra Modi and US President Donald Trump for this achievement and said that it will benefit the people of both the countries.

This agreement has become possible after the high-level telephone conversation between Prime Minister Modi and President Trump. In return, India has committed to reducing trade barriers for American goods and increasing imports in many sectors including energy, technology and agriculture.

It is noteworthy that a high tariff of 50 percent was imposed on India by America, out of which 25 percent was base tariff while additional 25 percent tariff was imposed for purchasing crude oil from Russia. But India had recently announced a reduction in oil purchases from Russia. In such a situation, this trade deal has brought great relief.

Also read: SBI Chairman gave this big statement on India-US trade deal and huge cut in US tariffs.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

Union Commerce and Industry Minister Piyush Goyal on Monday (January 12, 2026) has given a big update regarding the trade deal between India and the European Union (EU). He said that India’s negotiations on a trade agreement with the European Union are in the final stages. He also said that we are also in talks with America regarding a bilateral trade deal.

India-EU talks continue regarding FTA

The Union Minister has given this statement in the Regional MSME Conclave during the Vibrant Gujarat Regional Conference organized in Rajkot district of Gujarat. Goyal recently returned from Brussels, where he held talks with EU Trade and Economic Security Commissioner Maros Sefcovic on the India-European Union Free Trade Agreement (FTA). India’s effort in the FTA with the EU is to provide zero duty access to labour-intensive sectors, which include textiles, leather, apparel, gems and jewelery and handicrafts.

Today’s MSMEs are the big industries of the future. pic.twitter.com/jlwgj6Pi2Y

— Piyush Goyal (@PiyushGoyal) January 12, 2026

Piyush Goyal posted on

Goyal said in a post on social media platform X, ‘During this conversation, we discussed the main areas of the proposed agreement. We reiterated our commitment to a rules-based trading framework and a modern economic partnership that protects the interests of farmers and MSMEs. It also integrates Indian industries into the global supply chain.

It was a great pleasure to share my views at the Regional MSME Conclave today during the Vibrant Gujarat Regional Conference held in Rajkot.

Prime Minister of Vibrant Gujarat for 22 years @NarendraModi This is a living story of JI’s visionary leadership. A small seed sown by Modi ji in 2003… pic.twitter.com/ZuSueiP5WC

— Piyush Goyal (@PiyushGoyal) January 12, 2026

What did Sergio Gore say about trade with India?

This statement of Goyal has come at a time when recently appointed US Ambassador Sergio Gore in New Delhi said that India and America are continuously talking on trade deal and the next meeting is proposed on Tuesday (January 13, 2026).

While talking to staff and journalists while taking charge at the US Embassy, ​​Gore said that US President Donald Trump has sent good wishes for Indian Prime Minister Narendra Modi. He said, ‘The friendship between Prime Minister Narendra Modi and President Donald Trump is genuine and the relationship between India and America is not only focused on mutual interests, but is also bound by relationships built at the highest level.’

True friends resolve mutual differences: Gore

He further said, ‘True friends may disagree on many issues, but in the end they resolve their differences.’ According to Gore, trade between India and America is very important and apart from this, both the countries will continue to work together on issues like security, counter-terrorism, energy, technology, education and health.

Also read: How did ISRO’s PSLV-C62 get lost in space? Launched with 16 satellites including Anvesha

Relations between America and India appear to be strengthening once again. The White House said on Tuesday that US President Donald Trump and Indian Prime Minister Narendra Modi hold frequent talks, while the business teams of the two countries are also continuing serious and constructive talks.

White House Press Secretary Carolyn Levitt said in a conversation with reporters, “President Trump respects Prime Minister Modi very much and he talks to him often.” He said that serious discussions are continuously taking place between the two countries regarding trade and economic cooperation, which is an indication that the talks between the two countries are moving in the right direction.

Levitt also told that recently on the occasion of Diwali, Trump had talked to Modi in the Oval Office of the White House. During this time many senior Indian-American officials were also present. He said, “President Trump is very positive about India-US relations and wants to take this relationship forward very strongly.” He also praised US Ambassador Sergio Gore, who is playing an active role in strengthening diplomatic relations on behalf of the US in New Delhi.

After trade dispute, now there are signs of improvement in relations

During his visit to South Korea last week, Trump had said that he wants to make a new trade deal with India. This statement has come at a time when relations between the two countries had soured in the last few years. In fact, Washington had increased the tariff on Indian imports from 25% to 50% due to India continuing to purchase Russian oil.

America made this increase on July 30 and a week later an additional 25% duty was imposed. However, after new US sanctions were imposed on Russian oil majors Rosneft and Lukoil, Indian oil companies have reduced the import of Russian crude oil.

Analysts believe that this development indicates new warmth in India-US relations. It is also clear from the recent statement of the White House that the trade partnership and strategic cooperation between the two countries can gain further momentum in the coming months.

Read this also-

Trump had threatened Nigeria with airstrike, now China’s reaction has come; Gave this answer to America

India US trade talks: Former Reserve Bank of India (RBI) Governor Raghuram Rajan has expressed his opinion regarding the ongoing tariff talks between India and America. Rajan said in an interview given to American think tank DeKoder that India should aim to keep its tariff level in the range of 10 to 20 percent in the ongoing trade talks with America. India should not make any promise which will be difficult to fulfill.

Everyone is curious about the results of the ongoing trade talks between India and America. America has imposed a tariff of 50 percent on India. Market experts believe that there is every possibility of loss to the Indian economy due to this.

What did former governor Raghuram Rajan say?

During a conversation with American think tank DeKoder, Rajan talked about keeping India’s tariff level in the range of 10 to 20 percent. He also said that India should not make tough commitments like Japan and European countries. Due to which the country’s economy may suffer losses in future. According to Rajan, if India can reach zero tariff level in this tariff negotiation, it will be good for the country.

At the same time, we have to keep in mind that we should not be left behind by our competitors. Many countries of East and South Asia have agreed to 19 percent tariff on American tariff. Whereas, if we talk about developed countries like Europe and Japan, the tariff has been agreed upon at 15 percent. Raghuram Rajan feels that, keeping all these things in mind, India should keep the tariff level from America between 10 to 20 percent.

Tariff talks continue between India and America

America has imposed a huge tariff of 50 percent on goods imported from India. Due to which the demand for Indian products is likely to fall in the American market. Tariff negotiations have taken place at many levels between America and India. Recently, an Indian delegation has returned from a trip to America.

Indications are being given from both the countries that the talks will be positive. America is talking about a ban on buying Russian oil. However, India has clarified that their objective will be according to the interests of Indians.

Also read: Indian economy shines in the festive season, petrol consumption reaches its highest level

India US trade talks: Commerce and Industry Minister Piyush Goyal gave information about the bilateral trade agreement between India and America in a press conference on Saturday. He said that talks between the two countries are going on at a positive level. He has also informed that the Central Government will not make any kind of compromise regarding the interests of the farmers, fishermen and small enterprises (MSMEs) of the country.

Full care will be taken of India’s farmers, fishermen and MSME sector. He said that the interest of the country is supreme. Recently, an Indian delegation had gone to Washington. Where Indian representatives met American officials.

What did the Commerce Minister say?

Commerce Minister Piyush Goyal, while talking to journalists, gave a clear message that the Government of India will never compromise with the interests of its farmers. This statement has come at a time when America has imposed 50 percent tariff on India. America had also demanded concessions in the agricultural sector. Which has not been accepted by the Government of India. However, Goyal said that India and the US have friendly relations and described the bilateral trade agreement between the two countries as positive. Last month, Goyal himself traveled to New York with a team on a trade agreement.

Recently a team of Indian representatives had gone to Washington. These meetings, which lasted for 3 days, ended on 17 October. The team was led by Commerce Secretary Rajesh Aggarwal. According to the information received, this discussion between the two countries was very positive. Also, consensus has been reached on many issues in earlier visits also. Let us tell you that till now five rounds of talks have taken place.

What is America India dispute?

Relations between India and America have been quite tense in the last few days. Relations between the two countries have deteriorated since the Trump administration announced imposing heavy tariffs of up to 50 percent on Indian goods. America has also imposed an additional duty of 25 percent on purchasing crude oil from Russia. Due to which the total tariff has reached 50 percent.

Also read: Market became happy with GST 2.0! Mother Lakshmi has reached every house: Finance Minister

Union Commerce and Industry Minister Piyush Goyal on Saturday (October 18, 2025) has given a big statement regarding the ongoing trade talks between India and America. Piyush Goyal said that talks between India and America on the proposed bilateral trade agreement are progressing in a cordial atmosphere. He also said that India is fully committed to protecting the interests of farmers, fishermen and MSMEs.

Goyal said in a press conference organized on GST Bachat Utsav, ‘There can be no agreement with the farmers of India, the fishermen, the MSME (Micro, Small and Medium Enterprises) sector of India until we completely take care of the interests of the country.’

In response to a question about the progress of talks between the two countries on the proposed agreement and when it will be completed, Goyal said, ‘The talks are going on in a cordial atmosphere.’ This comment is important because America is seeking concessions in India’s agriculture sector.

Commerce Secretary leads Indian officials in Washington

A team of Indian officials led by Commerce Secretary Rajesh Agarwal was in Washington this week for trade talks with their US counterparts. In February this year, the leaders of India and the US had asked officials to take forward negotiations on a proposed bilateral trade agreement (BTA).

He has set a deadline to complete the first phase of the agreement by October-November in 2025. So far five rounds of talks have been completed. Last month, Goyal led an official delegation to New York for trade talks.

Demand for India’s goods and services across the world- Goyal

Goyal expressed confidence that despite global challenges due to US tariffs, there will be positive growth in India’s exports. He said that during the first six months (April-September) of this financial year, growth in the country’s goods and services exports has been recorded.

It increased by about five percent to $413.3 billion during April-September of the current financial year 2025-26. During this period, India’s merchandise exports also increased by three percent to $220.12 billion. He said, ‘There is demand for our goods and services across the world and India will continue to move forward on this growth path and we are confident that there will be positive growth in the country’s exports in 2025-26.’

GST Reforms will give impetus to the country’s economy – Goyal

In response to a question, Goyal also said that reforms in GST will give impetus to the economy and help in dealing with the impact of global challenges. Referring to the benefits of the recent cut in GST rates, he said, ‘As soon as GST was announced, investors immediately realized that this is a big benefit. There will be a huge increase in demand.

Asked whether some e-commerce companies have not passed on the benefits of the GST cut to consumers, the minister said that generally all companies have passed on the benefits and have also announced cash bonuses and discounts.

Goyal said, ‘But if any site or platform has not provided benefits, then the consumer can complain and the consumer affairs department will take necessary action on it. All industries and companies have assured me that the entire benefit will be passed on to the consumers.

Also read: ‘Rahul ji, your father bought the plane from Boeing for commission…’, Nishikant made allegations on Air India plane purchase.

Us tariff on india: US President Donald Trump had put a 50 percent tariff on Indian goods. Then recently he has announced to impose 100 percent tariff on imports of medicines. According to a report, these decisions of Trump administration can have a negative impact on India’s economic growth.

The report of Crisil Intelligence reports that the high tariff of America can pose a big threat to the country’s economic growth. Crisil has also reported that this will also have a negative impact on the export and investment of Indian goods. However, the softening of inflation and the cuts made in interest rates have increased consumption of household goods, which is expected to support the economic growth.

The GDP was ahead of the previous year in the first quarter of the financial year 25-26. In the last year, where GDP was 7.4 percent in this period, this year it is 7.8 percent. The increase in nominal GDP declined to 8.8 percent, which was 10.8 percent in this period last year.

What will be the effect on inflation?

Crisil has stated in its report that inflation on the basis of consumer price index (CPI) in the current financial year can decrease from 4.6 percent to 3.5 percent. Crude oil prices are also expected to be curbed on softening and globally non-eating inflation.

According to the report, the growth of the agriculture sector has been good, which can keep food inflation controlled. However, in some areas, crops have been damaged due to heavy rains, but how big the damage is, it has not been assessed yet. Also, till June this year, RBI has cut the repo rates by 100 basis points. Now the positive impact on the market of these cuttings is awaited.

Trade talks continue from America

In the midst of all these, the conversation between India and America has started again. This month, American officials visited India]after which India has also sent its team to America. The team is being led by Commerce Minister Piyush Goyal. Till now the conversation is being said to be positive, if the matter between the two countries becomes quick, then it will remain a positive impact on the Indian economy.

Also read: Let’s withdraw money from PF by giving incorrect information? Know whom EPFO ​​will charge the full amount from people?