India's textile and apparel exports face significant strain due to United States tariffs, with approximately 30 per cent of the sector's trade currently in doubt.
However, the Indian rupee witnessed heightened volatility during the week and appreciated ~1.27% last week after hitting fresh all-time lows of Rs 91.09 against USD on 16th Dec'25, influenced by weak global cues from the US, major central banks policy decisions, ongoing trade negotiations, a
David van Weel, on a three-day visit to India, noted that FTAs with like-minded partners have become increasingly significant amid disruptions to global trade and supply chains
Chilean envoy in India, Juan Angulo, is hopeful that the next round of talks with India for a Comprehensive Economic Partnership Agreement (CEPA) would be the final round and may end up in the finalisation of the trade pact.
India and Mexico initiated discussions to promptly mitigate the impact of tariffs imposed on Indian goods by Mexico and to chart ways and means to protect trade interests.
Commerce Secretary also talked on the US BTA and the recent visit of the United States Trade Representative (USTR) team. "The recent visit of USTR was important as it helped to take stock on our trade relationship, and also the stage at which we are in terms of the negotiations," he said. We
Sharing details of the meeting on X, Goyal said, "Held an engaging meeting with my friend & New Zealand's Minister of Trade and Investment, Todd McClay. We discussed key aspects of the India-New Zealand FTA and explored ways to advance the negotiations for the mutual benefit of both countrie
Samajwadi Party MP Rajeev Rai on Friday said that at this point, the trade negotiations between India and the US have been heavily tilted towards Americans, terming it a failure of Indian foreign policy.
Negotiations are progressing well for the trade deal between India and United States and substantial discussions have taken place, Commerce and Industry Minister Piyush Goyal said on Thursday.
India must insist on balanced outcomes in the ongoing trade negotiations with the United States and remain extremely cautious about extending concessions on agricultural crops or genetically modified (GMO) products, the Global Trade Research Initiative (GTRI) has said in a detailed note.
India and the US are making progress on their bilateral trade agreement, with Commerce Secretary Rajesh Agrawal meeting US Deputy Trade Representative Rick Switzer on Wednesday to discuss trade and economic ties.