India, US still in dialogue for bilateral trade deal, says Piyush Goyal:
Commerce Minister Piyush Goyal said India and the US remain engaged on a trade deal ...
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India-US Trade Talks Continue Despite Tariff HurdlesIndia and the US have negotiated since March amid tariff hikes; India also progresses free trade talks with the EU and other nations.
Key FactsSep 2, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: business-standard.com
Summary created with AI assistance · Source: business-standard.com
- India and the United States remain engaged in dialogue over a bilateral trade agreement despite US tariffs reaching 50% on several Indian goods.
- The formal negotiation round scheduled for August 25 was postponed due to additional tariffs, with preparations for the sixth round underway.
- India's Commerce Minister highlights the country's resilient supply chains and growing self-reliance in global trade.
- India is also advancing free trade agreement discussions with the European Union, Australia, and other partners.
I think at the end of the day, two great countries (India and the US) will get this solved.— Scott Bessent, US Treasury Secretary, expressed confidence about resolving trade frictions between India and the US.
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India, US still in dialogue for bilateral trade deal, says Piyush Goyal: Commerce Minister Piyush Goyal said India and the US remain engaged on a trade deal ...
business-standard.com/economy/news/india-us-trade-deal-talks-tariffs-russian-oil-fta-updates-125090201178_1.html
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Key FactsIndia Defends National Interests Amid US Tariff Dispute
Jul 31, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: financialexpress.com
Summary created with AI assistance · Source: financialexpress.com
- Piyush Goyal stated in Parliament that the government is committed to protecting India's national interests.
- India advanced from the 11th to the 5th largest economy in the past decade, driven largely by farmers and MSMEs.
- Since April, the US has imposed a total 26% tariff on Indian goods, prompting multiple rounds of formal and virtual discussions.
- India continues to purchase Russian oil despite US opposition, citing decisions based on price and supply rather than politics.
We are working towards safeguarding India’s national interest.— Piyush Goyal, speaking during the Parliament Monsoon Session.
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