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India, US look to seal trade deal before ‘10% tariff’ expiry

India, US look to seal trade deal before ‘10% tariff’ expiry


India, US look to seal trade deal before '10% tariff' expiry
https://www.effectivecpmnetwork.com/n8j0x931t?key=a1c3b76def064e774f011dfbd445c040

NEW DELHI: India and the US kicked off ministerial level trade talks on Monday to work out a deal before the expiry of the current 10% tariff imposed by the Trump administration on imports from all countries.“India and the US share a strong and growing economic partnership. We had productive discussions on advancing negotiations towards a balanced and mutually beneficial trade agreement, in line with the joint statement of Feb 7, 2026. India remains committed to working constructively with the US to further deepen economic ties and create new opportunities for growth and innovation,” commerce & industry minister Piyush Goyal said in a post on X.Greer’s two-day visit is his first to India since American President Donald Trump unleashed tariffs on major trading partners in April 2025 and has now followed up with an across-the-board 10% duty on all imports into the US, which is due to expire in a month. The meeting comes days after Prime Minister Narendra Modi and US President Donald Trump met on the sidelines of the G7 summit in France.“We are moving decisively toward finalising a strong bilateral trade agreement that will unlock new economic opportunities for both countries and significantly deepen the US-India economic partnership,” Gor said.During talks between Greer and Goyal, India is expected to flag its concerns over Section 301 investigations. Greer also met finance minister Nirmala Sitharaman. “Both sides exchanged views on strengthening bilateral trade and economic cooperation, with a focus on new opportunities for growth and deeper commercial engagement,” the finance ministry said in a social media post.



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