Commerce Secretary Sunil Barthwal on Thursday confirmed that India is actively engaged in negotiations with the US to expand trade and investment, deepening the India-US trade relationship.
US Treasury Secretary Scott Bessent on Tuesday (local time) stated that India has been headstrong in their trade negotiations with the US, noting that New Delhi has been "a bit recalcitrant", days after US President Donald Trump announced an additional 25 per cent tariff, citing the count
The panel will be briefed by the representatives of the Ministry of External Affairs and the Ministry of Commerce & Industry on the current developments in India's Foreign Policy with special reference to US-India trade negotiations and tariffs, they said.
When asked if the US is concerned about China and other BRICS nations, including India, taking the lead in pushing back against American trade measures, the US State Department said, "India is a strategic partner with whom we engage in a full and frank dialogue."
Following United States President Donald Trump's imposition of an additional 25 per cent tariff on India over its purchase of Russian oil, Samajwadi Party MP Awadhesh Prasad on Thursday criticised Trump, stating that his threat would not impact India's economy or unity and urged the gover
Indian auto component exporters are set to face a competitive disadvantage in the United States market following the imposition of a 25 per cent tariff on Indian goods by US President Donald Trump, says a recent report by rating agency ICRA.
The ongoing Special Intensive Revision (SIR) in Bihar, alleged voter list manipulation in Maharashtra, Operation Sindoor, India-US trade deal and the tariffs threatened by President Trump are likely to be discussed during the meeting.
Ministry of External Affairs spokesperson Randhir Jaiswal said at the regular media briefing that the bilateral partnership with the United States has weathered several transitions and challenges and the two countries share a comprehensive global strategic partnership.
The US administration's 25 per cent blanket tariffs on Indian goods is "unfortunate" but are poised to be short-lived, as both the partner countries are working on a Bilateral Trade Agreement (BTA), Vimal Pruthi, Partner, International Trade, EY India, said on Friday.
United States Treasury Secretary Scott Bessent has blamed India for "slow-rolling things" in the talks for a Free Trade Agreement and said "the whole trade team has been frustrated with them".