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India’s trade surplus with the United States could exceed $90 billion annually, according to a new report by SBI. This growth has been driven by rising exports and higher import potential. Indian exporters could boost their top 15 items’ exports to the US by $97 billion yearly, with total exports potentially crossing $100 billion annually…
Piyush Goyal (File photo) Union Commerce and Industry Minister Piyush Goyal on Sunday gave insights into the behind-the-scenes negotiations that shape India’s free trade agreements (FTAs).In an interview with PTI, Goyal revealed that had personally met every negotiator involved in India’s trade agreements, emphasising that negotiators are tasked with protecting their own country’s interests and…
India-US trade deal (AI image) India-US trade deal: Commerce Minister Piyush Goyal on Saturday said that the India-US trade agreement will provide a boost to exports, especially given the competitive 18% tariff rate that has been agreed on. Goyal’s statement comes after India and the US issued a joint statement on the trade agreement which…
PM Modi with Trump (file photo) India-US trade deal: Stuck for months since negotiations first began early, the India-US trade deal announcement by US President Donald Trump took everyone by surprise. Despite repeated rounds of talks, even after the US imposed 50% tariffs, the stalemate had continued with the Trump administration insisting that any trade…
India and the United States are continuing discussions on a possible trade agreement, with both sides seeing scope for a deal, Commerce Secretary Rajesh Agrawal said on Thursday, PTI reported.“Both sides are engaged (in trade deal talks)… and both sides feel that there can be a trade deal,” Agrawal told reporters, indicating that conversations between…
Currently, India and the US are conducting parallel negotiations on two fronts. (AI image) India-US trade deal: Calling India a ‘tough nut’ to crack, US Trade Representative Jamieson Greer on Tuesday also said that India gives some of the ‘best offers’. Greer’s comments assume significance at a time when a US delegation is in India…
India’s exports to the United States saw a sharp 28.5% fall between May and October 2025 as aggressive tariff hikes by Washington hit key sectors. According to the Global Trade Research Initiative (GTRI), shipments dropped from $8.83 billion to $6.31 billion during the period, coinciding with US duties rising from 10% in April to 25%…
Kevin Hassett (Image: X@/ani_digital) Donald Trump’s 50 percent tariffs on Indian exports to the US took effect on Wednesday, with White House officials linking the move to both trade disputes and geopolitical tensions.US national economic council director Kevin Hassett described the India-US relationship as “complicated,” citing India’s “intransigence” to open its markets to American products…
NEW DELHI: Hours after the 50% additional tariff on Indian exports to the US kicked in, both countries indicated that they are working towards resolving their differences on the issue with government officials asserting that communication channels remain open.“I think at the end of the day, we will come together,” US treasury secretary Scott Bessent…
Trump imposed 50% tariffs on India (AI image) NEW DELHI: The recent US decision to impose steep tariffs on Indian goods could boomerang on the American economy by pushing up inflation and shaving growth, according to an analysis by the State Bank of India (SBI). The report, quoted by ANI, estimates that US GDP growth…
