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AMERICAINDIA

India Issues Fresh Statement on Trade Talks with United States

India and US
India currently faces a 50% tariff on exports to the US β€” the highest in Asia.

India is advancing efforts to seal a trade pact with the US. Both sides agree to continue talks for an early, mutually beneficial agreement, the government announced on Friday.

During a visit to Washington from 22nd to 24th September, Commerce and Industry Minister–led officials met with US Trade Representative Ambassador Jamieson Greer. They also met Ambassador-designate to India Sergio Gor. The team additionally engaged with key US companies and investors to promote trade and investment.

Officials discussed the broad outline of a potential deal and agreed to continue negotiations. US business leaders voiced confidence in India’s growth story and signalled plans to expand operations in the country.

The update comes after US President Donald Trump’s 23rd September UN speech. He accused India and China of funding the Ukraine war through Russian oil purchases. He again claimed he mediated an India-Pakistan ceasefireβ€”remarks New Delhi has not addressed.

Despite US tariffs of 25% on Indian goods since 27th August, the latest talks highlight New Delhi’s drive. They aim to strengthen economic ties with Washington.

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