Zero-tariff US deal? There’s zero chance!

India is unlikely to offer a ‘zero-for-zero’ tariff deal to the US in their Bilateral Trade Agreement, deeming it suitable only between developed nations. The BTA will encompass goods, digital trade, professional movement, and intellectual property rights. Virtual talks are scheduled, aiming for clarity by May-end, with a broader goal to double bilateral trade to […]

A parliamentarian emphasizes the opportune moment for India and the UAE to strengthen their bilateral ties, highlighting visionary leadership and the necessity of collaboration to address global challenges. The Global Justice, Love and Peace Summit in Dubai addressed inequalities and promoted dialogue, with speakers advocating for inclusiveness and tolerance in an increasingly divided world.

India and the US are engaged in bilateral trade agreement negotiations, aiming to double trade to USD 500 billion by 2030. A ‘zero-for-zero’ tariff strategy is unlikely due to differing economic development levels.

India’s shrimp export industry, heavily reliant on the US market, is strategizing to diversify risks. Following a tariff ease by the US, the industry is urging the government to promote domestic shrimp consumption and negotiate a free trade agreement with Europe.

Facing escalating trade tensions with the US under President Trump, the European Union is actively pursuing trade diversification by forging new agreements with countries worldwide. While lobbying for tariff reductions in Washington, the EU is accelerating trade talks with nations in Asia and South America, aiming to offset potential losses from strained transatlantic relations.

India’s burgeoning consumer market, set to become the world’s third-largest by 2026, is attracting Western nations eager for trade deals. A growing affluent class with rising disposable incomes fuels demand for premium goods. This positions India favorably in trade negotiations, leveraging its consumer base to secure access to global markets for its own exports, particularly […]

Deputy Prime Minister Antonio Tajani of Italy, accompanied by a delegation, visited India to bolster bilateral cooperation. Discussions with Indian counterparts focused on trade, defense, technology, and clean energy under the Joint Strategic Action Plan 2025-29. The visit also saw the launch of the India-Italy Business, Science and Tech Forum to promote collaborations and partnerships […]

India and the US aim to finalize an interim trade agreement within 90 days, targeting a significant boost to bilateral trade, potentially doubling it to $500 billion by 2030. The US has paused tariffs on Indian goods until July 9 to facilitate negotiations.

Commerce Minister Piyush Goyal affirmed India’s ongoing dialogue with the US regarding the Bilateral Trade Agreement (BTA), emphasizing the nation’s commitment to safeguarding its interests. He highlighted that India doesn’t negotiate under pressure, alluding to the US tariff pause.

External Affairs Minister S Jaishankar highlighted growing global economic and political unpredictability, including the weaponization of economic activities, at the India-Italy Business, Science and Technology Forum. He emphasized India’s collaboration with like-minded partners to forge resilient partnerships addressing economic and strategic priorities. Jaishankar cited fragile supply chains, geopolitical competition, and the impact of digitalization as […]