US commerce secretary Howard Lutnick urged India to open up its agriculture sector for trade. Lutnick discussed a potential bilateral deal between India and the US, highlighting that a trade agreement would benefit both countries. He also addressed the need for India to reduce reliance on Russian military equipment and improve its relationship with the […]
Agri sector just can’t stay closed: US Commerce Secretary Urges India to Open the sector for better bilateral ties
India and the US have begun negotiations on a Bilateral Trade Agreement to be completed by autumn 2025. Discussions focus on reducing tariffs and other trade-related issues, with emphasis on market access and supply chain integration. The Indian side has cautioned that it is premature to discuss specifics.
Negotiations for an India-US trade deal have begun, with tariff discussions underway. President Trump hinted at significant tariff reductions by India, but Indian officials emphasized that discussions are ongoing and details are yet to be finalized. Both countries aim to strengthen bilateral trade and reduce barriers.
India is seeking to strengthen trade ties with the US by reducing tariff barriers under a bilateral trade agreement amidst President Trump’s announcement of reciprocal tariffs. During Prime Minister Modi’s recent visit, both nations announced plans to negotiate a beneficial multi-sector trade pact.
US Commerce Secretary Howard Lutnick emphasized the need for a major trade agreement between the US and India, stressing that India must reduce tariffs and protections for the US market. He highlighted that India’s agricultural sector needs to open up and suggested a reciprocal policy to enhance bilateral trade, leveraging the strong rapport between Modi […]
China aims to stabilize relations with India amid a potential trade war with the US, emphasizing the importance of cooperation. Foreign Minister Wang Yi highlighted the significant strides made in bilateral ties, asserting that both nations should support each other and not let boundary disputes define their relationship.
India’s forex reserves stood at $638.69 billion by February 28, 2025, experiencing a decrease of $1.7 billion. The Reserve Bank of India intervenes in the market to maintain stable conditions and control excessive volatility without targeting specific levels.
India is aiming to enhance trade relations with the US by reducing trade barriers through a bilateral trade agreement, following President Trump’s announcement of reciprocal tariffs. Prime Minister Modi and US officials plan to negotiate a multi-sector pact to increase market access and deepen supply chain integration. Commerce Minister Goyal is advancing discussions in the […]
Indian government and companies are collaborating urgently to mitigate the impact of US President Trump’s tariff threats by potentially reducing tariffs on US imports. Commerce Minister Piyush Goyal leads a delegation in Washington for Bilateral Trade Agreement talks, while sectors like electronics, auto components, and pharmaceuticals explore alternatives to ensure trade continuity with the US.
India considers lowering import duties on American walnuts, almonds, apples, and cranberries
1 year ago
India may lower or eliminate import duties on American walnuts, almonds, apples, and cranberries to enhance trade relations with the US. Talks are ongoing with negotiators in Washington. India aims for a bilateral trade deal by the end of the year with a target of $500 billion in bilateral trade by 2030.