• Latest
  • Trending
US and India close to finalizing trade deal

US and India close to finalizing trade deal

Bharat Electronics posts Q4 FY26 growth, investors watch margins and profitability

Bharat Electronics posts Q4 FY26 growth, investors watch margins and profitability

Mphasis, Indian School of Business launch ₹20 Cr AI hub for AI research in India

Mphasis, Indian School of Business launch ₹20 Cr AI hub for AI research in India

Gold, oil, metals react to Iran tensions and supply shifts

Gold, oil, metals react to Iran tensions and supply shifts

NVIDIA commits $2B to US data center expansion with Coherent

Nvidia Q1 earnings smash expectations

India’ s GCCs are increasingly leading the AI mandate for global enterprises, driving global value creation: Nasscom – Zinnov Report

India’ s GCCs are increasingly leading the AI mandate for global enterprises, driving global value creation: Nasscom – Zinnov Report

Capgemini lands multi-year tech integration deal with BAE Systems

Capgemini lands multi-year tech integration deal with BAE Systems

Kedia Advisory report: Sugar outlook supported by Ethanol demand, global deficit expectations

Kedia Advisory report: Sugar outlook supported by Ethanol demand, global deficit expectations

Hindalco bets ₹25,500 crore on Odisha expansion; Shares jump 8% in a month

Novelis reports quarterly loss despite rising aluminium prices

What higher US Bond yields mean for investors borrowers?

Deccan Gold unveils strong critical minerals discovery at Chhattisgarh’s Bhalukona

Deccan Gold unveils strong critical minerals discovery at Chhattisgarh’s Bhalukona

Bharat Forge signs Andhra Pradesh MoU for India’s first private Marine Gas Turbine hub

Bharat Forge signs Andhra Pradesh MoU for India’s first private Marine Gas Turbine hub

ICICI Prudential Life shares hit 52 week low after prudential deal

ICICI Prudential Life shares hit 52 week low after prudential deal

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Thursday, May 21, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

US and India close to finalizing trade deal

in News
Reading Time: 2 mins read
0
US and India close to finalizing trade deal
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 11 Nov 2025

US President Donald Trump said on Monday that the United States and India are getting close to a trade deal. Speaking at the swearing-in of the new US Ambassador to India, Sergio Gor, Trump said the talks between the two nations are going well and will cut tariffs on Indian goods in the future.

Trump said that the two countries are working towards a fair deal, and though India might not be too fond of him right now, he said they would be happy when the deal is in place. He went ahead to praise India’s negotiation skills, stating the deal would be good for both countries.

On being asked about lowering tariffs, Trump elaborated to state that the tariffs on Indian imports were high owing to concerns regarding Russian oil; however, now that India has reduced its oil imports from Russia, the US will soon lower the tariffs.

Trump also spoke about the importance of India, one of the oldest civilizations in the world, with over 1.5 billion people. He said US-India relations are very strong, particularly with Modi as the prime minister, and Ambassador Gor has already built a pretty good relationship with Modi.

Progress in Talks

Trump’s remarks come as trade negotiations between India and the United States are continuing. India’s Commerce Minister Piyush Goyal recently said that trade talks between the two countries were going good, though some key issues remain to be sorted out. The talks are moving ahead but will take time due to the complexity of the issues, he added.

The trade agreement, first proposed in early 2025, aspires to expand trade between the two countries from $191 billion to $500 billion by 2030. So far, five rounds of talks have taken place, and the goal is to reach an agreement by the end of 2025.

In September, Mr. Goyal visited Washington to push the talks forward while a US team met Indian officials in New Delhi. Both sides are working hard to finalize a deal that will be beneficial for both countries.

Related Posts

Mphasis, Indian School of Business launch ₹20 Cr AI hub for AI research in India

Mphasis, Indian School of Business launch ₹20 Cr AI hub for AI research in India

0

DBT Bureau Pune, 22 May 2026 Mphasis and the Indian School of Business (ISB), announced the launch of the ‘Mphasis...

Adani Group shares rise after US drops criminal charges

Adani Group shares rise after US drops criminal charges

0

Athira Sethu Kochi, 19 May 2026 The shares of Adani Group opened in an upward trajectory on Tuesday, May 19,...

Karnataka Bank posts record FY26 profit, hits new business high

Karnataka Bank posts record FY26 profit, hits new business high

0

DBT Bureau Pune, 19 May 2026 Karnataka Bank has reported a record annual net profit of ₹1,310.50 crore for FY...

Paytm’s new ‘Pocket Money’ lets teens make UPI payments under parent controls

Paytm’s new ‘Pocket Money’ lets teens make UPI payments under parent controls

0

DBT Bureau Pune, 18 May 2026 Paytm announced the launch of Paytm Pocket Money. It enables teenagers to make Paytm...

Bharat Electronics posts Q4 FY26 growth, investors watch margins and profitability
Market

Bharat Electronics posts Q4 FY26 growth, investors watch margins and profitability

0

Athira Sethu Kochi, 21 May 2026 Shares of Bharat Electronics Limited declined sharply after the company reported fourth-quarter earnings for...

Read moreDetails
Mphasis, Indian School of Business launch ₹20 Cr AI hub for AI research in India
News

Mphasis, Indian School of Business launch ₹20 Cr AI hub for AI research in India

0

DBT Bureau Pune, 22 May 2026 Mphasis and the Indian School of Business (ISB), announced the launch of the ‘Mphasis...

Read moreDetails
Gold, oil, metals react to Iran tensions and supply shifts
Commodity

Gold, oil, metals react to Iran tensions and supply shifts

0

DBT Bureau Pune, 21 May 2026 Global commodity markets witnessed mixed movements as geopolitical tensions, supply concerns, and policy shifts...

Read moreDetails
NVIDIA commits $2B to US data center expansion with Coherent
Market

Nvidia Q1 earnings smash expectations

0

Athira Sethu Kochi, 21 May 2026 Nvidia delivered a blockbuster first quarter for FY2027, driven by explosive demand for artificial...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.