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India Us Trade News - Latest Updates & Headlines

India close to finalising comprehensive bilateral trade deal with US

Mumbai, April 21: India is close to finalising a comprehensive Bilateral Trade Agreement (BTA) with the US, which is expected to facilitate zero-duty imports under the production-linked incentive (PLI) schemes and enhance bilateral trade, targeted to reach $500 billion by 2030, according to a report released on Monday.

India needs to expand its ambitions to consider FTA with US: Ashley Tellis

New Delhi, April 12: Ashley J Tellis, Tata Chair for Strategic Affairs and Senior Fellow, Carnegie Endowment For International Peace, said that India needs to expand its ambition to really consider at some point a greed trade agreement with the US. He noted that a remarkable change has taken place in Indian policy on trade agreements in recent years.

India plans to seal trade deal with US by fall 2025: EAM Jaishankar

New Delhi, April 9: India is perhaps the only country which has reached an understanding with the United States to ink a bilateral trade agreement (BTA) by the fall of this year, External Affairs Minister S. Jaishankar said on Wednesday, as reciprocal tariffs came into effect with India facing 27 per cent tariffs.

US tariffs a chance to boost 'Make in India', empower MSMEs: PHDCCI CEO

New Delhi, April 3: Amid concerns over the US reciprocal tariffs, Ranjit Mehta, CEO of the PHD Chamber of Commerce and Industry (PHDCCI), said on Thursday that this is an opportunity for India for high-quality production and global expansion under the 'Make in India' and 'Atmanirbhar Bharat' initiatives.

India, US discuss trade, defence

Washington, March 29: India and the US, on Friday, discussed trade just days ahead of President Donald Trump's reciprocal tariffs system kicks into effect.