All posts tagged: Indian exports to US

India and US begin fresh trade talks to finalise interim pact

India and US begin fresh trade talks to finalise interim pact

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Senior trade negotiators from India and the United States will begin a four-day round of discussions in New Delhi on Monday to finalise details of an interim trade agreement between the two countries, reported the PTI. The US delegation will be led by chief negotiator Brendan Lynch, while India’s team will be headed by Darpan Jain, Additional Secretary in the Department of Commerce. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Has India Committed To Buying Products Worth 0 Billion From US? Piyush Goyal Explains Logistics | India News

Has India Committed To Buying Products Worth $500 Billion From US? Piyush Goyal Explains Logistics | India News

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Last Updated:February 09, 2026, 07:59 IST The commerce minister said India would increasingly buy from the US where it can be a preferred supplier, particularly in high-value areas such as advanced ICT products and GPUs Union Minister Piyush Goyal | ANI Image Commerce and Industry Minister Piyush Goyal has said India sees “no difficulty” in sourcing goods worth $500 billion from the United States over time, as the two countries move closer to formalising a trade deal that will cut tariffs on a large share of Indian exports. Speaking to CNBC-TV18, Goyal said India would increasingly buy from the US where it can be a preferred supplier, particularly in high-value areas such as advanced ICT products and GPUs, apart from energy imports and aircraft. “We already have over $80 billion worth of aircraft and equipment orders, and this is set to increase. Energy imports from the US, including coking coal, will also rise significantly,” he said. The comments come as the White House is expected to issue an executive order next week bringing down reciprocal …

India, US To Sign Trade Deal By March, 18% Tariffs Likely To Kick In Next Week: Piyush Goyal | India News

India, US To Sign Trade Deal By March, 18% Tariffs Likely To Kick In Next Week: Piyush Goyal | India News

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Last Updated:February 08, 2026, 23:15 IST Goyal said the United States is likely to pass an executive order to reduce tariffs on Indian products to 18%, and both sides could sign the interim deal in March. Commerce & Industry Minister Piyush Goyal. (File Photo: PTI) Union Commerce Minister Piyush Goyal said the United States is likely to pass an executive order slashing tariffs on Indian products to 18% from 50%, and both countries are expected to sign the interim trade deal by mid-March. Speaking to CNBC-TV18, Goyal said exporters can avail reduced tariffs of 18% from the date when the executive order is passed by the Trump administration. He said both sides are working on the legal document of the interim trade deal, and US Trade Representative Jamieson Greer has been invited to New Delhi next month for the signing. An interim deal between India and the US was announced on Saturday, culminating months of negotiations amid tariff-related tensions. The deal provides for a reduction in reciprocal US tariffs on Indian goods to 18% from …

‘Agriculture, Dairy Fully Protected’: What Piyush Goyal Said On India-US Trade Deal | Top Points | India News

‘Agriculture, Dairy Fully Protected’: What Piyush Goyal Said On India-US Trade Deal | Top Points | India News

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Last Updated:February 03, 2026, 22:03 IST Commerce Minister Piyush Goyal said there are strict guardrails to ensure India’s sensitive agriculture and dairy sectors remain “completely protected” from foreign competition By protecting the agriculture and dairy sectors, India has ensured there will be no compromise on farmers’ interests, explicitly excluding items such as dairy, rice, wheat, meat, poultry, cereals, and maize from the ambit of the trade concessions. (Image: AFP/File) In its landmark trade agreement with the United States, which was finalised over a phone call between Prime Minister Narendra Modi and President Donald Trump on Monday night, India has stood firm in shielding its “sensitive” farming sector — agriculture and dairy — while being poised to reaping benefits of a massive reduction in tariffs on Indian products from 50 percent to 18 percent. According to Commerce Minister Piyush Goyal, the Centre has established strict guardrails to ensure that its sensitive agriculture and dairy sectors remain “completely protected” from foreign competition. At a press conference on Tuesday, Goyal assured that the agreement will provide huge opportunities …

‘Will Trump Kidnap Our PM?’ Congress Leader Makes Bizarre Venezuela Remark, BJP Hits Back | India News

‘Will Trump Kidnap Our PM?’ Congress Leader Makes Bizarre Venezuela Remark, BJP Hits Back | India News

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Last Updated:January 06, 2026, 16:27 IST Referring to US military action in Venezuela that led to the capture of Nicolas Maduro, Prithviraj Chavan asked whether similar coercive tactics could ever be directed at India. US President Donald Trump with PM Modi. (Photo: Reuters/File) Senior Congress leader Prithviraj Chavan stirred controversy after asking whether US President Donald Trump could “kidnap” India’s Prime Minister Narendra Modi, invoking Venezuela while commenting on US tariffs on Indian goods- bizarre remarks that prompted a sharp backlash from the BJP. Referring to US military action in Venezuela that led to the capture of President Nicolas Maduro, Prithviraj Chavan questioned whether similar coercive pressure could ever be directed at India. “The question then is: what next? Will something like what happened in Venezuela happen in India? Will Mr Trump kidnap our prime minister?” he said. The comments were made by Prithviraj Chavan while criticising US trade policy towards India. Prithviraj Chavan argued that a proposed 50 per cent tariff would effectively cripple India–US trade, adding, “Since a direct ban cannot be imposed, …

‘Very Close To Finalising Framework For US Trade Deal But Won’t Put Timeline’: Commerce Secretary | Business News

‘Very Close To Finalising Framework For US Trade Deal But Won’t Put Timeline’: Commerce Secretary | Business News

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Last Updated:December 16, 2025, 09:33 IST The countries are holding two parallel negotiations—one on a framework trade deal to address the high tariffs and another on a comprehensive bilateral trade agreement Asked whether more formal rounds would be held on the BTA, the Commerce Secretary said talks in the final stage normally do not require such rounds. India and the United States are “very close” to finalising the framework for their proposed bilateral trade agreement, Commerce Secretary Rajesh Agrawal has said, noting that both nations are actively engaged in negotiations. The countries are holding two parallel negotiations—one on a framework trade deal to address the high tariffs and another on a comprehensive bilateral trade agreement (BTA). Rick Switzer, the new US Deputy Trade Representative, was in India last week for trade talks with the secretary. During Switzer’s visit, both sides took stock of bilateral trade relations and reviewed the progress of negotiations of the framework deal and the comprehensive BTA. “We are very close on the framework deal, which we feel can be done in …