India could become the first country to strike a bilateral trade deal with the United States under President Donald Trump’s push for “reciprocal” tariffs, US treasury secretary Scott Bessent said. Speaking to a group of reporters in Washington on Wednesday, Bessent suggested that negotiations with India were “very close” to a breakthrough, reaching a successful … Read more
India and the United States have moved a step closer to a comprehensive trade deal after finalising the Terms of Reference (TOR) that will guide upcoming negotiations. The announcement was made in a joint statement after US Vice President JD Vance met Prime Minister Narendra Modi during his visit to India. Ambassador Jamieson Greer, the … Read more
India is emerging as one of the least affected markets in the region when it comes to former U.S. President Donald Trump’s trade policies, highlighted a report by global brokerage firm CLSA. The report stated that this resilience is attributed to India’s relatively low trade exposure to the U.S., manageable corporate leverage, and declining levels … Read more
The United States Friday said that it continues to monitor implementation and raise concerns with India on restriction of imports of certain information and communications technology products, including laptops, tablets, and servers. In its National Trade Estimate Report on Foreign Trade Barriers 2024, the US Trade Representative (USTR) said: “Since 2021, US firms have been … Read more