India and the United States opened high-level trade talks today to salvage and recalibrate a proposed bilateral trade agreement after changes in US tariff policy disrupted a framework negotiated earlier this year. Commerce and Industry Minister Piyush Goyal met United States Trade Representative Jamieson Greer and US Ambassador to India Sergio Gor in New Delhi. Both sides are aiming to conclude an interim trade pact before 24th July, when Washington’s temporary 10% tariff on imports from trading partners is set to expire.
The discussions focused on revising a framework agreement announced in February. The original framework was based on tariff commitments that became uncertain after a US Supreme Court ruling struck down sweeping tariffs announced by President Donald Trump.
Earlier, Mr Goyal said in a social media post that he was looking forward to productive discussions on the India-US bilateral trade agreement.
Meanwhile, Mr Gor also shared a message on social media. He said India and the US are moving decisively towards finalising a strong bilateral trade agreement that will unlock new economic opportunities for both countries and significantly deepen the US-India economic partnership.
