US-India talks under way to settle tariff-related issues: India's MEA

24 Mar '25

2 min read

US-India talks under way to settle tariff-related issues: India's MEA

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India last week said talks are under way with Washington to build a framework for a bilateral trade agreement that would address issues relating to levies and market access.
President Donald Trump's reciprocal tariffs will begin on April 2.
India remains engaged with the US at 'various levels' to arrive at a mutually-beneficial trade agreement, the former's Ministry of External Affairs said.

India last week said talks are under way with the US to build a framework for a bilateral trade agreement that would address issues relating to levies and market access.

President Donald Trump's reciprocal tariffs will begin on April 2.

Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal told reporters at his weekly media briefing that India remains engaged with the US administration at ‘various levels’ to arrive at a mutually-beneficial trade agreement.

"Both sides are in conversation and hopefully, will come to some sort of understanding," he noted.

Trump signalled last week that Washington will not spare India from the new tariff regime, saying though he has a ‘very good’ relationship with New Delhi, he has a ‘problem’ with the latter’s tariff structure.

"The two governments are actively working to build a framework for the BTA, which would aim to expand trade, enhance market access, reduce tariff and non-tariff barriers and deepen supply-chain integration," Jaiswal was quoted as saying by domestic media outlets.

"In this endeavour, our Minister of Commerce and Industry visited the US from March 3 to 7 and held discussions with the US secretary of commerce and US trade representative," he added.

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