US should sign trade deal if happy with offer: Piyush Goyal

India’s Commerce Minister Piyush Goyal indicated the US should sign a trade agreement if satisfied with New Delhi’s offer, following positive remarks from US trade officials. Meanwhile, Italy’s Deputy Prime Minister expressed optimism for an India-EU Free Trade Agreement within six months, though India’s minister declined to provide a specific timeline for the deal.

Prime Minister Narendra Modi and US President Donald Trump held a “warm and engaging” conversation, reviewing bilateral relations and discussing cooperation in critical technologies, energy, defense, and security. The leaders also touched upon ongoing trade negotiations, with both sides indicating progress in the talks.

India is enthusiastically enhancing its relationship with the European Union, with negotiations for a free trade agreement moving forward. The Republic Day celebrations are set to welcome EU leaders as prominent guests. Recently, India had the honor of hosting EU trade commissioner Maros Sefcovic and Italy’s deputy prime minister Antonio Tajani, showcasing a commitment to […]

Mexico is implementing significant tariff increases on imports from countries without free trade agreements, including India, China, and Vietnam, aiming to protect domestic industries and boost revenue. This move, potentially influenced by US trade pressures, could impact Indian auto exports and reshape global supply chains.

India and Italy are boosting business ties. Discussions focused on a fair India-EU Free Trade Agreement. Both nations are working on expanding trade and investments. Collaboration is key in technology, innovation, and sectors like automobiles and renewable energy. Joint ventures will unlock opportunities in the EU market. This partnership is vital for future growth.

Mexico’s Senate has greenlit significant tariff increases, potentially reaching 50%, on imports from China and other Asian nations starting in 2026. This move, aimed at strengthening domestic industries, will impact goods like autos, textiles, and steel from countries without trade agreements. Business groups and affected governments have voiced their opposition to the new duties.

India has raised concerns at the World Trade Organization regarding a China-led proposal for an investment facilitation agreement. New Delhi argues that discussions on investment are outside the WTO’s trade agreement framework. India emphasizes that such plurilateral agreements should remain exceptions, not the norm.

United States trade officials report receiving unprecedented offers from India on a proposed bilateral trade agreement. Negotiators are currently in New Delhi for further discussions. While progress is noted, some resistance exists regarding specific agricultural products and meats. Both nations aim to finalize the initial phase of the agreement, with trade experts advising caution on […]

India’s trade talks with the European Union and the United States are moving forward. Commerce Minister Piyush Goyal expressed confidence in early agreements. A US team is currently in New Delhi for discussions. Negotiations with Chile and Oman are also nearing completion. India is also pursuing trade pacts with Qatar and Israel.

US Under Secretary Allison Hooker met with Indian Foreign Secretary Vikram Misri to advance the vision set by Presidents Trump and Modi. Discussions focused on tangible progress in defense, energy, technology, space, and supply chain resilience, aiming to boost US security and jobs while supporting India’s growth.