'Can't stay closed': US commerce secretary urges India to open agriculture sector amid Trump's reciprocal tariff push
1 week, 6 days ago

'Can't stay closed': US commerce secretary urges India to open agriculture sector amid Trump's reciprocal tariff push

Firstpost  

US Commerce Secretary Howard Lutnick, speaking at the India Today Conclave, urged India to open its agriculture sector for trade and stressed that it “can’t stay closed” US Commerce Secretary Howard Lutnick, while speaking at the India Today Conclave, urged India to open up its agriculture sector for trade, saying, “It just can’t stay closed,” amid reciprocal tariff threats from US President Donald Trump. A grand deal Speaking at the India Today Conclave, he proposed a “grand deal,” suggesting that if India lowers its tariffs on US goods, America would offer India significant trade opportunities and a stronger partnership. Lutnick urges India to buy US weapons He urged India to reduce its dependence on Russian military equipment, saying it was crucial for strengthening ties with the US. In conversation with journalist Rahul Kanwal, Lutnick said, “India has traditionally purchased a large share of its military equipment from Russia, and we believe that needs to change.” Further highlighting India’s role in BRICS, alongside Brazil, Russia, China, and South Africa, Lutnick noted that Beijing’s push for a common currency, which Trump opposes, is viewed as a challenge to the US dollar’s dominance.

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History of this topic

Trump’s tariff threat’s impact on India’s agriculture trade
Trending News
3 days, 19 hours ago

Trump’s tariff threat’s impact on India’s agriculture trade

Hindustan Times  

The recent proposal by United States President Donald Trump to impose reciprocal tariffs is aimed at addressing the increasing US trade deficit and aligns with the broader America First policy. India imposes significantly higher tariffs than the US, particularly in agriculture where it imposes a simple average tariff of 39% and a trade-weighted tariff of 65%, compared to the US’s …

India, US trade talks focus on tariffs, market access, and sensitive sectors
Trending News
1 week, 5 days ago

India, US trade talks focus on tariffs, market access, and sensitive sectors

New Indian Express  

NEW DELHI: As India and the US begin trade talks, New Delhi has conveyed that it has been reducing applied tariffs in agreements with developed countries, while emphasising a “mutually beneficial” approach and “sensitive handling of sectors like agriculture”, a key focus of the Trump administration in seeking greater market access. Reducing “average applied tariff significantly” has been a key …

‘Somebody is finally exposing them:’ Trump says India agreed to cut tariffs ‘way down’
1 week, 6 days ago

‘Somebody is finally exposing them:’ Trump says India agreed to cut tariffs ‘way down’

Firstpost  

Notably, India’s Commerce Minister Piyush Goyal is visiting Washington these days to resolve trade issues and hold negotiations with his American counterpart Howard Lutnick US President Donald Trump said Friday India that had agreed to lower tariffs because “somebody is finally exposing them”. You can't even sell anything in India.They have agreed, by the way; they want to cut their …

US President Trump Says India Has Agreed To Cut Tariffs: 'Exposed Them For What They Have Done'
Top News
1 week, 6 days ago

US President Trump Says India Has Agreed To Cut Tariffs: 'Exposed Them For What They Have Done'

ABP News  

US President Donald Trump said on Friday that India has agreed to cut their tariffs "way down" after he earlier said that the country was a "very high tariff nation." India-US Trade Agreement Trump's remark came hours after a spokesperson for the Ministry of External Affairs, Randhir Jaiswal said the proposed India-US trade agreement seeks to lower tariff, and non-tariff …

How can India, US seal trade deal fast? Trump's key man Lutnick has a plan
2 weeks ago

How can India, US seal trade deal fast? Trump's key man Lutnick has a plan

India Today  

US President Donald Trump has set a firm deadline for reciprocal tariff for India, and it is April 2. Lutnick's interaction, his first with Indian media after taking over as the US Commerce Secretary, comes even as India's Commerce Minister Piyush Goyal is in the US for discussions on the trade deal. "I would like to point out that India …

India must keep its strategic options open as Trump’s tariffs kick in
2 weeks, 4 days ago

India must keep its strategic options open as Trump’s tariffs kick in

Live Mint  

The recent wave of tariff announcements by the Trump administration in the US marks a significant shift in global trade dynamics. Substantial corporate-tax cuts and broad deregulation, both of which are on Trump’s agenda, could potentially stimulate US economic growth, though these benefits may take longer to materialize compared to the more immediate negative effects of tariffs on consumption and …

Piyush Goyal heads to US for trade talks as Trump tariffs loom
2 weeks, 4 days ago

Piyush Goyal heads to US for trade talks as Trump tariffs loom

Deccan Chronicle  

Minister of Commerce and Industry Piyush Goyal started on a trip to the United States on Monday to pursue trade talks, two government officials said, with weeks to go for President Donald Trump's planned reciprocal tariffs.Goyal's visit was sudden, as he departed after cancelling previously scheduled meetings until March 8, the officials said. He is also the minister for industry.India's …

Piyush Goyal to visit Washington for trade talks amid Trump tariff threat
2 weeks, 6 days ago

Piyush Goyal to visit Washington for trade talks amid Trump tariff threat

The Hindu  

Commerce and Industry Minister Piyush Goyal will visit Washington next week as India, and the United States are planning to negotiate a bilateral trade agreement, an official said. During the recent visit of Prime Minister Narendra Modi to Washington, India and the U.S. announced their commitment to more than double the two-way commerce to $500 billion by 2030 and negotiate …

Who’s scared of tariffs? Trump’s war against Deep State has served India’s interests and will restore trust in ties
1 month ago

Who’s scared of tariffs? Trump’s war against Deep State has served India’s interests and will restore trust in ties

Firstpost  

Transactionalism may be a dirty word in liberal lexicon, but a transactional Trump that looks out for American public’s interests is a far more preferred and sincere partner for an India tired of USAID operations aimed at subverting India’s sovereignty An India obsessed with protectionism may let go of opportunities to be a part of global supply chains as countries …

Who’s scared of tariffs? Trump’s war against Deep State has served India’s interests and will restore trust in ties
1 month ago

Who’s scared of tariffs? Trump’s war against Deep State has served India’s interests and will restore trust in ties

Firstpost  

Transactionalism may be a dirty word in liberal lexicon, but a transactional Trump that looks out for American public’s interests is a far more preferred and sincere partner for an India tired of USAID operations aimed at subverting India’s sovereignty An India obsessed with protectionism may let go of opportunities to be a part of global supply chains as countries …

Can India stay unscathed as Trump’s trade war threatens to escalate?
1 month, 1 week ago

Can India stay unscathed as Trump’s trade war threatens to escalate?

Live Mint  

The return of President Donald Trump to the White House has made tariffs a primary tool for addressing multiple issues that America faces, from illegal immigration and inflows of fentanyl and other drugs to its large trade deficit and need to increase government revenue. Trump’s actions also raise broad questions of whether trade agreements can ensure a predictable trade regime, …

India is still world’s highest tariff major economy, says US ambassador Eric Garcetti
3 months ago

India is still world’s highest tariff major economy, says US ambassador Eric Garcetti

Hindustan Times  

NEW DELHI: India remains the world’s “highest tariff major economy” and New Delhi and Washington should work together to reduce tariffs and make trade more fair, US ambassador Eric Garcetti said on Thursday. US ambassador to India Eric Garcetti addresses during a programme on 'Promise and Prosperity of the US-India Relationship' organised by the US-India Business Council in New Delhi …

India should propose a trade-tech-investment package deal to Trump: Mukesh Aghi
3 months, 1 week ago

India should propose a trade-tech-investment package deal to Trump: Mukesh Aghi

Hindustan Times  

Mukesh Aghi is the chair of the US-India Strategic Partnership Forum. And I think India becomes a potential option from that perspective because it’s not just only about building in India but also going after the Indian market. So, India has to basically pitch and position the US plus one strategy and India becomes the plus one in supporting Trump’s …

Commerce Ministry Reviews India-US Trade Ties Amid Trump’s Controversial Remark
3 months, 2 weeks ago

Commerce Ministry Reviews India-US Trade Ties Amid Trump’s Controversial Remark

ABP News  

The commerce ministry is reviewing aspects of India-US trade relations, focusing on the implications of statements made by US President-elect Donald Trump during his election campaign and after the results, an official said, according to a PTI report. Trade experts have argued that Trump’s characterisation of India as an "abuser" of tariffs is unfair, as many countries, including the US, …

Trump’s policies may open new doors for India’s defence sector: Report
Trending News
3 months, 3 weeks ago

Trump’s policies may open new doors for India’s defence sector: Report

Live Mint  

New Delhi, November 25 : The "America First" trade policy promoted by upcoming U.S. President Donald Trump has far-reaching implications for global trade and geopolitics. It said "Indian businesses in sectors such as pharmaceuticals and defense might also find new opportunities, especially if U.S.- India collaboration strengthens. The report said "increased tariffs might prompt retaliatory measures from trade partners, potentially …

India-U.S. launch dialogue on strategic trade, seek to tighten export controls
1 year, 9 months ago

India-U.S. launch dialogue on strategic trade, seek to tighten export controls

The Hindu  

June 07, 2023 06:30 pm | Updated 08:55 pm IST - New Delhi India and the U.S. pledged to streamline their export control regimes for critical technologies at the inaugural India-U.S. Strategic Trade Dialogue, as senior delegations led by Foreign Secretary Vinay Kwatra and U.S. Meanwhile, in separate comments, senior U.S. officials indicated a softer line on India-Russia ties and …

US pursues India as a supply-chain alternative to China
2 years, 1 month ago

US pursues India as a supply-chain alternative to China

Live Mint  

The Biden administration is turning to India for help as the U.S. works to shift critical technology supply chains away from China and other countries that it says use that technology to destabilize global security. India’s national security adviser, Ajit Doval, led New Delhi’s delegation this week in meetings with Mr. Sullivan and Commerce Secretary Gina Raimondo and other officials. …

After Pork, US Now Wants India to Open Up Its Market for Cherries and Alfalfa Hay
3 years ago

After Pork, US Now Wants India to Open Up Its Market for Cherries and Alfalfa Hay

News 18  

After pork, the Joe Biden administration wants India to open up its market for cherries and alfalfa hay, US Trade Representative has told Congress in its latest annual report. Due to the successful revitalisation of the United StatesIndia Trade Policy Forum, India agreed in December 2021 to allow imports of US pork into India, removing a longstanding barrier to US …

Explained | Have India and U.S. resolved tariff and visa issues?
3 years, 3 months ago

Explained | Have India and U.S. resolved tariff and visa issues?

The Hindu  

The story so far: U.S. Trade Representative Katherine Tai and India’s Commerce and Industry Minister Piyush Goyal this week co-chaired the U.S.-India Trade Policy Forum, which was reconvened after a gap of four years. A February 2020 article by Alyssa Ayres of the New York city-based Council on Foreign Relations, titled ‘A field guide to U.S.-India trade tensions’, lists eight …

India and US aim to expand farm trade, resolve market access issues
3 years, 3 months ago

India and US aim to expand farm trade, resolve market access issues

Live Mint  

India and the United States agreed in New Delhi on Tuesday to expand farm trade and relaunched their joint trade policy forum to resolve differences on issues including market access, as U.S. Trade Representative Katherine Tai ended a two-day visit. Tuesday's meeting followed Indian Prime Minister Narendra Modi's meeting with U.S. President Joe Biden in Washington in September when both …

Unpredictable policies key impediments to bilateral trade, U.S. tells India
3 years, 3 months ago

Unpredictable policies key impediments to bilateral trade, U.S. tells India

The Hindu  

U.S. Trade Representative Katherine Tai on Monday flagged India’s ‘unpredictable’ regulatory norms, high tariffs and market access restrictions as key impediments to bilateral trade, emphasised America’s continued interest in agriculture market access and conveyed that “worker-centric” policies will be the pivot for the Joe Biden administration’s approach to trade policy. “At the USTR’s office, we hear very frequently from our …

India, U.S. discuss ways to increase trade
3 years, 7 months ago

India, U.S. discuss ways to increase trade

The Hindu  

A day after Commerce and Industry Minister Piyush Goyal said that hopes of an India-U.S. trade pact are off the table for now, U.S. Chargé D’affaires in India Atul Keshap, spoke to the Indian Minister for over two hours, discussing trade between the two countries. Meanwhile, Mr. Goyal, while speaking at an industry event in Mumbai on Thursday, had said …

India, US have 'almost closed' contours of limited trade pact: Goyal
5 years ago

India, US have 'almost closed' contours of limited trade pact: Goyal

India TV News  

India and the US have moved to the next level of engagement having "almost closed" the final contours of limited trade package, and will come up with a comprehensive trade deal going forward, Commerce Minister Piyush Goyal said on Tuesday. "On the economic front, having almost closed the last contours of the limited trade deal and with the announcement of …

The Trump visit as India-U.S. trade booster?
5 years ago

The Trump visit as India-U.S. trade booster?

The Hindu  

The story so far:United States President Donald Trump’s first foreign trip after his acquittal in an impeachment trial in the Senate will also be his first ever official visit to India. Concern for intellectual property rights has preoccupied the U.S. for thirty years, while issues concerning medical devices and the fast-growing digital economy have more recently emerged.” At the heart …

'Major concerns over trade barriers': US officials claim Donald Trump's visit to India will not result in 'even a limited deal'
5 years ago

'Major concerns over trade barriers': US officials claim Donald Trump's visit to India will not result in 'even a limited deal'

Firstpost  

Trump administration officials on Friday acknowledged that US President Donald Trump’s visit to India next week will not result in even a limited trade deal. Washington: Trump administration officials on Friday acknowledged that US President Donald Trump’s visit to India next week will not result in even a limited trade deal, saying they still have major concerns over India’s trade …

Indo-U.S. trade deal likely during Trump’s India visit
5 years, 1 month ago

Indo-U.S. trade deal likely during Trump’s India visit

The Hindu  

India and the U.S. are set to seal a trade deal during President Donald Trump’s planned visit to India in the last week of February, multiple sources said. A high-level logistics team from Washington handling Trump’s foreign trips visited India last week as part of preparations for his maiden tour of India as the U.S. president. India had invited Trump …

Indo-US trade deal likely to be sealed during President Trump's India visit
5 years, 1 month ago

Indo-US trade deal likely to be sealed during President Trump's India visit

India TV News  

India and the US are set to seal a trade deal during President Donald Trump's planned visit to India in the last week of this month, multiple sources said on Tuesday. A high-level logistics team from Washington handling Trump's foreign trips visited India last week as part of preparations for his maiden tour of India. India had invited Trump to …

US wants India to commit buying $5-6 bn more farm goods to seal trade deal: Report
5 years, 1 month ago

US wants India to commit buying $5-6 bn more farm goods to seal trade deal: Report

Live Mint  

New Delhi: The United States wants India to buy at least another $5-6 billion worth of American farm goods if New Delhi wants to win reinstatement of a key U.S. trade concession and seal a wider pact, four sources familiar with the talks told Reuters. U.S. President Donald Trump cited trade barriers last year when removing India from its Generalized …

India, US close to finalising ‘initial’ trade deal
5 years, 4 months ago

India, US close to finalising ‘initial’ trade deal

Hindustan Times  

India and the United States are set to finalise an “initial” trade agreement soon that could pave the way for a larger deal at a later stage, including an ambitious Free Trade Agreement. A US delegation is scheduled to travel to India next week to “put the final touches” on a deal, following “productive” conversations between Commerce and Industry Minister …

India, US have resolved broad contours of trade deal, says Piyush Goyal
5 years, 4 months ago

India, US have resolved broad contours of trade deal, says Piyush Goyal

Live Mint  

New Delhi: India and the US have resolved the broad contours of the proposed trade package and may announce it after closing the pending gaps, trade minister Piyush Goyal said on Monday. US Commerce Secretary Wilbur Ross earlier this month said there was “no structural reason” why there can’t be a trade deal with India quickly. Goyal said both Ambassador …

India protectionist, but US negotiating limited trade deal: Wilbur Ross
5 years, 5 months ago

India protectionist, but US negotiating limited trade deal: Wilbur Ross

Live Mint  

India is among the world's most protectionist countries but the United States is trying to negotiate a limited trade deal with the South Asian nation to resolve their differences, U.S. Secretary of Commerce Wilbur Ross said on Thursday. Ross said the United States does not believe India is eligible for the GSP, but the terms were being renegotiated and a …

The real deal: On India-U.S. trade deal
5 years, 5 months ago

The real deal: On India-U.S. trade deal

The Hindu  

After the backslapping bonhomie and high of Houston, it was time for a reality check in New York. Contrary to expectations that were consciously generated and managed by both sides, India and the United States failed to arrive at a limited trade deal that was to have been announced during this visit of Prime Minister Narendra Modi to the U.S. …

India, US fail to make breakthrough on trade deal at New York talks
5 years, 5 months ago

India, US fail to make breakthrough on trade deal at New York talks

Live Mint  

New Delhi: India and the US failed to announce a limited trade deal in New York during the meeting of Prime Minister Narendra Modi and President Donald Trump, due to still prevailing differences over the package. India and the US failed to announce a limited trade deal during the meeting of Prime Minister Narendra Modi and President Donald Trump late …

US to seek rollback of Indian tariffs on agri products; trade delegation to re-start negotiations today
5 years, 8 months ago

US to seek rollback of Indian tariffs on agri products; trade delegation to re-start negotiations today

Firstpost  

India would in return seek better access to the US market for Indian farm products, said an Indian official New Delhi: The United States will seek rollback of Indian tariffs imposed on some agricultural products such as almonds when the two sides meet today, a senior Indian government source told Reuters. A delegation led by Assistant US Trade Representative for …

India-US trade talks to restart today with little sign of compromise; Donald Trump's tweets again saying tariffs were 'unacceptable'
5 years, 8 months ago

India-US trade talks to restart today with little sign of compromise; Donald Trump's tweets again saying tariffs were 'unacceptable'

Firstpost  

Indian and US trade negotiators will meet on Friday, with little sign of a compromise on a series of protectionist measures taken by the two governments in recent months that have strained ties between the strategic partners New Delhi: Indian and US trade negotiators will meet on Friday, with little sign of a compromise on a series of protectionist measures …

US trade delegation visiting India next week to resolve sticky trade issues; Piyush Goyal to travel to Washington soon
5 years, 8 months ago

US trade delegation visiting India next week to resolve sticky trade issues; Piyush Goyal to travel to Washington soon

Firstpost  

A high-level trade delegation from the US is expected to visit India next week to find ways to resolve the recent trade tensions between the two countries, official sources said Thursday New Delhi: A high-level trade delegation from the US is expected to visit India next week to find ways to resolve the recent trade tensions between the two countries, …

Opinion: Don't Let U.S.-India Trade Differences Escalate Into A Trade War
5 years, 8 months ago

Opinion: Don't Let U.S.-India Trade Differences Escalate Into A Trade War

NPR  

Opinion: Don't Let U.S.-India Trade Differences Escalate Into A Trade War Enlarge this image toggle caption Pablo Martinez Monsivais/AP Pablo Martinez Monsivais/AP Alyssa Ayres is senior fellow for India, Pakistan, and South Asia at the Council on Foreign Relations. Sponsor Message It would be tragic if the Trump administration forgot why India matters to larger U.S. interests, and failed to …

Trump administration's policies are cause for friction in US-India ties, coherent strategy needed, says top US lawmaker to Mike Pompeo
5 years, 8 months ago

Trump administration's policies are cause for friction in US-India ties, coherent strategy needed, says top US lawmaker to Mike Pompeo

Firstpost  

Before, Secretary of State Mike Pompeo’s visit to New Delhi, a top US lawmaker asked him to convey to the Indian government a ‘predictable, coherent and consistent’ strategy t0 help the bilateral relationship reach its full potential. Washington: On the eve of Secretary of State Mike Pompeo’s visit to New Delhi, a top US lawmaker has asked him to convey …

Gloves off on trade: on India-U.S. tariff row
5 years, 9 months ago

Gloves off on trade: on India-U.S. tariff row

The Hindu  

The government’s decision to finally go ahead and impose retaliatory tariffs on 29 U.S. goods with effect from June 16, almost a year after it first announced them, unambiguously signals that on trade India has decided to join issue with President Donald Trump’s protectionist administration. Mr. Trump chose to go ahead and proclaim on May 31 that he was terminating …

Mike Pompeo to push in India for more US access to local markets, says America is open to dialogue to resolve trade differences
5 years, 9 months ago

Mike Pompeo to push in India for more US access to local markets, says America is open to dialogue to resolve trade differences

Firstpost  

Pompeo’s remarks at the US-India Business Council refer to a decision by US President Donald Trump to end preferential trade treatment for India from 5 June over the trade barriers. Washington: The United States is open to dialogue to resolve trade differences with India by allowing American companies more access to Indian markets, US Secretary of State Mike Pompeo said …

India plays down Donald Trump's decision to end preferential trade access, says will continue to seek ‘strong’ economic ties with US
5 years, 9 months ago

India plays down Donald Trump's decision to end preferential trade access, says will continue to seek ‘strong’ economic ties with US

Firstpost  

The Centre said on Saturday it will continue to seek to build strong economic ties with the United States despite a decision by US president Donald Trump to end preferential trade treatment for India from 5 June. New Delhi: The Centre said on Saturday it will continue to seek to build strong economic ties with the United States despite a …

US to end India's preferential trade access on 5 June; Trump says Delhi didn't assure Washington 'equitable access' to its markets
5 years, 9 months ago

US to end India's preferential trade access on 5 June; Trump says Delhi didn't assure Washington 'equitable access' to its markets

Firstpost  

The United States will end preferential trade treatment for India from Wednesday, US President Donald Trump has announced, in a fresh economic headwind for New Delhi alongside slowing growth and record unemployment. Washington: The United States will end preferential trade treatment for India from Wednesday, US President Donald Trump has announced, in a fresh economic headwind for New Delhi alongside …

US says end of preferential trade status for India a ’done deal’
5 years, 9 months ago

US says end of preferential trade status for India a ’done deal’

Live Mint  

Washington: A US decision to evict India from a key trade pact is a "done deal," an official said Thursday, despite Washington's desire for close relations with re-elected Prime Minister Narendra Modi. A senior US official voiced hope for warm relations with Modi after he led his Hindu nationalist party to an overwhelming re-election victory but said that the March …

‘Scrapping India’s trade privileges could hit American consumers’: US senators
5 years, 11 months ago

‘Scrapping India’s trade privileges could hit American consumers’: US senators

Hindustan Times  

A US plan to end preferential duty-free imports of up to $5.6 billion from India could raise costs for American consumers, two US senators have told their country’s trade office, urging a delay in adopting the plan, and seeking more negotiations. If US President Donald Trump presses ahead with his plan to end the Generalized System of Preferences for India, …

US says door is open if India is prepared to bring serious proposal to address trade, market access issues
6 years ago

US says door is open if India is prepared to bring serious proposal to address trade, market access issues

Firstpost  

The US in November last year revoked duty-free concessions on import of at least 50 Indian products Washington: Observing that trade has been an area of frustration in bilateral ties, the US has said that the door is open if India is prepared to bring a serious proposal to the table to address the issues related to trade and market …

US ready to review preferential status if India comes up with a trade proposal: Report
6 years ago

US ready to review preferential status if India comes up with a trade proposal: Report

Live Mint  

Washington: Observing that trade has been an area of frustration in bilateral ties, the US has said that the door is open if India is prepared to bring a serious proposal to the table to address the issues related to trade and market access. "While we were pleased that the growing US exports to India, largely crude oil and LNG, …

Donald Trump administration talks tough on trade: India needs to keep its powder dry as strategic ties seem shaky
6 years ago

Donald Trump administration talks tough on trade: India needs to keep its powder dry as strategic ties seem shaky

Firstpost  

The US cannot eat the cake of being a strategic partner while having the privilege of reckless action and loose words. On the face of it, $5.6 billion worth of exports from India being affected by the potential withdrawal of duty-free trade looks like a small amount, but this constituted 11 percent of India’s exports to the US in 2017-18. …

Opinion | US trade snub should be a wake-up call for India
6 years ago

Opinion | US trade snub should be a wake-up call for India

Live Mint  

It’s hard to find anyone willing to say—on the record—that anything could be wrong with the relationship between India and the US. The last few years have been particularly bad and they’ve just been capped by news that US President Donald Trump intends to remove imports from India from the Generalized System of Preferences scheme that allowed some goods tariff-free …

Donald Trump plans to end preferential trade terms for India under GSP
6 years ago

Donald Trump plans to end preferential trade terms for India under GSP

The Hindu  

United States President Donald Trump has said he intends to end the preferential trade terms for India under the U.S.’s Generalized System of Preferences program. “I am taking this step because, after intensive engagement between the United States and the Government of India, I have determined that India has not assured the United States that it will provide equitable and …

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