




The agreement had initially been expected to be signed in March, but the US court’s ruling rendered earlier reciprocal tariffs invalid, prompting the Trump administration to work on a new tariff framework for global trade.
The move comes at a time when the US Supreme Court has ruled against the Trump tariffs. After that, US President Donald Trump had stated that the US has other alternatives to impose such levies.
The Commerce Ministry rejected reports in sections of the media that talks between India and the United States for a Bilateral Trade Arrangement are on hold
Section 301 empowers the USTR to examine whether foreign industrial policies, such as subsidies, state-owned enterprise activity, or overcapacity are unreasonable or discriminatory.
Section 301 empowers the USTR to examine whether foreign industrial policies, such as subsidies, state-owned enterprise activity, or overcapacity are unreasonable or discriminatory.
Commerce and Industry Minister Piyush Goyal said that India-US relationship is strong, multi-dimensional, and not only about trade as there is a huge technology overlay on it.
We are very excited about the trade deal that is almost at the finish line now and could unlock huge economic potential, says the US official
The local currency has moved in a narrow range throughout the week
RBI action was likely seen to prevent the rupee from falling beyond Rs 91 per dollar
Gandhi had earlier 'challenged' PM Modi to scrap the US trade deal
The Indian team was scheduled to start the three-day meeting on February 23 in the US
President Donald Trump will use his State of the Union speech to defend immigration policies, tariffs and foreign policy actions while arguing the economy is strong ahead of key elections amid criticism.
Even as Trump doubled down on his tariff-first trade strategy, developments following the court ruling have unexpectedly tilted the balance in favour of India.
The tariffs began taking effect at midnight on Tuesday, shortly after collections under the International Emergency Economic Powers Act were halted following the Supreme Court ruling.
The US Supreme Court ruling on tariffs and the subsequent decision by President Donald Trump offer little clarity on way forward for trade deal with India
All eyes will be on the Reserve Bank of India, which has been intervening to prevent the rupee from slipping below the 91-mark, say experts
President Donald Trump criticised the Supreme Court, saying its recent ruling unintentionally expanded his authority on tariffs and licensing, while warning of future decisions he believes could harm US interests.
New Delhi is not considering backing away from a bilateral trade agreement with the US struck earlier this month
The rollback affects a wide range of imports from major Asian export economies such as China, South Korea, Japan and Taiwan, all of which play central roles in global manufacturing and technology supply
Goyal said PM Modi has placed big focus on 'quality consciousness' to make Indian products globally recognisable