India US Trade Deal

India’s ties with the US are “very good,” Commerce Minister Piyush Goyal said, even as trade tensions simmer and after President Donald Trump irritated New Delhi by claiming he helped mediate an end to armed clashes with Pakistan.

Further concessions are proving difficult as the US seeks to narrow its trade deficit with India, Sitharaman said.

India-US trade talks: Commerce Minister Piyush Goyal's US visit comes as India and Washington seek to finalise an interim trade deal, with Russian oil purchases emerging as a potential hurdle.

JPMorgan CEO Jamie Dimon emphasized the bank's commitment to India, citing economic growth and strong ties with US. He advocated for dialogue over potential tariffs on Indian oil purchases amidst geopolitical tensions, highlighting the importance of the India-US relationship.

India and the US seek deeper trade ties as they expand cooperation on critical minerals, technology and resilient supply chain

Commerce secretary Rajesh Agrawal said both sides remain committed to the February framework even as Washington weighs further tariff action and probes India’s trade practices.

Piyush Goyal said the first tranche of the bilateral trade agreement is finalized, but implementation depends on Washington ensuring Indian exporters retain a competitive position against rival economies.

India-US trade deal talks are nearing conclusion, with a senior US official stating an agreement could be signed in three to four months. Final steps involve completing Section 301 investigations into unfair trade practices, anticipated to conclude soon.

Indian stock market: For the week, the Sensex rose 0.39% to close at 77,100.47, while the Nifty added 0.18% to end at 24,056. While some of the global triggers continue this week, read on to know what are the fresh factors to watch out for this week.

India and the United States have moved a step closer to a landmark trade agreement. Union Commerce Minister Piyush Goyal and U.S. Trade Representative Jamieson Greer concluded multiple rounds of high-level talks, with both sides announcing ‘substantial progress’ on an interim trade deal. But what issues remain unresolved? Could this pave the way for the ambitious Mission 500 target of $500 billion in bilateral trade by 2030? Watch this video for all the key developments, what they mean for businesses, investors, and the future of India-U.S. economic ties.