India and the United States are working toward a trade relationship that is fair, reciprocal and mutually beneficial, US Ambassador to India Sergio Gor said on Wednesday, signalling continued momentum in negotiations between the two countries. Speaking at the 66th annual session of the Automotive Component Manufacturers Association of India (ACMA) in New Delhi, Gor...
Tag: trade negotiations
US Imposes 50% Tariffs on $20 Billion of Canadian Goods as Trade Talks Collapse
The United States has imposed a new 50% tariff on approximately $20 billion worth of Canadian goods after last-minute negotiations between Washington and Ottawa failed to produce a trade agreement. The move has sharply escalated tensions between the two countries and prompted Canadian Prime Minister Mark Carney to announce plans for dollar-for-dollar retaliation. The new...
US Imposes 10% Forced Labour Tariff on India: What It Means for Exports and Trade Talks
The United States has imposed an additional 10% tariff on imports from India as part of a wider trade action targeting economies that Washington says have failed to adequately prohibit or enforce restrictions on goods produced using forced labour. The decision introduces another challenge for Indian exporters and adds fresh uncertainty to the ongoing negotiations...
India Urges US to Withdraw Proposed 12.5% Tariff, Seeks Faster Progress on Bilateral Trade Agreement
India has formally requested the United States to reconsider its proposal to impose a 12.5% tariff on certain imports, emphasizing that such a move could negatively affect bilateral trade and economic cooperation between the two countries. At the same time, New Delhi has reiterated its commitment to advancing negotiations for a comprehensive bilateral trade agreement...
Trump Clashed With Commerce Secretary Over India Tariff Data During High-Stakes Trade Discussions, New Book Claims
A newly published account has shed light on a tense exchange within the highest levels of the United States government, revealing how former President Donald Trump allegedly confronted Commerce Secretary Howard Lutnick over tariff-related figures concerning India during a critical discussion on international trade policy. The episode, detailed in a forthcoming book examining internal policy...
India Pursues Interim Trade Agreement with US, Says Piyush Goyal; No Pressure from July Tariff Deadline
India is continuing negotiations with the United States for an interim trade agreement aimed at strengthening bilateral economic ties, while making it clear that discussions will be guided by national interests rather than external deadlines. Union Commerce and Industry Minister Piyush Goyal emphasized that India is focused on securing a fair and mutually beneficial arrangement...
Trump Praises Modi’s Leadership, Highlights Strong US-India Partnership Amid Trade Discussions
In a significant diplomatic gesture, United States President Donald Trump praised Prime Minister Narendra Modi’s enduring political career and leadership, underscoring the importance of the relationship between the United States and India. His remarks came at a time when both nations continue to engage in discussions aimed at strengthening trade ties and expanding strategic cooperation...
India-US Trade Pact Gains Momentum as Modi and Trump Push for Early Conclusion
India and the United States are moving closer toward concluding a long-awaited bilateral trade agreement, with Prime Minister Narendra Modi and U.S. President Donald Trump expressing a shared desire to expedite negotiations and secure an early outcome. The development reflects the growing strategic and economic significance of the relationship between the world’s largest and fifth-largest...
India-US Trade Negotiations to Resume Next Week, Says US Trade Representative
Trade negotiations between India and the United States are expected to enter a significant new phase next week, with both nations preparing for high-level discussions aimed at strengthening economic cooperation and resolving long-pending trade concerns. Senior officials from both countries have indicated that the upcoming talks could mark a major step toward deepening bilateral commercial...
India, Canada Accelerate Talks on Landmark Free Trade Agreement Amid Push to Rebuild Economic Ties
India and Canada are intensifying negotiations on a long-awaited free trade agreement (FTA) that both countries believe could significantly reshape bilateral economic relations and unlock new opportunities across trade, investment, technology, and strategic sectors. Officials involved in the discussions described the negotiations as progressing rapidly, reflecting a renewed commitment from both governments to deepen commercial...









