India and the United States signaled progress in trade discussions on Tuesday, with New Delhi describing the talks as “positive” and “forward-looking.” The meeting came shortly after President Donald Trump softened his stance following steep tariffs imposed on Indian imports over its continued purchase of Russian oil.
President Trump and Indian Prime Minister Narendra Modi spoke by phone on Tuesday, coinciding with Modi’s 75th birthday. Trump expressed gratitude for Modi’s support in ending the Russia-Ukraine war, though no details were provided. Modi responded on X, thanking Trump for the wishes and reaffirming India’s commitment to strengthening the India-U.S. Comprehensive and Global Partnership while supporting peace efforts in Ukraine.
Trade negotiations were led by Brendan Lynch, Assistant U.S. Trade Representative for South and Central Asia, and Rajesh Agrawal, India’s Chief Trade Negotiator. India’s commerce ministry confirmed that both sides agreed to intensify efforts toward an early conclusion of a mutually beneficial trade agreement. Talks focused on bilateral trade, including the possibility of a formal India-U.S. trade deal, and will continue with a sixth round of negotiations.
Key sticking points remain, including Washington’s demand for New Delhi to reduce Russian oil imports and open its agriculture and dairy markets to U.S. companies. These issues have previously stalled discussions, with the U.S. cancelling a delegation visit in late August after disagreements.
Tensions escalated last month when Trump imposed an additional 25% tariff on Indian imports, raising total duties to 50%. The move has already impacted trade flows: India’s exports to the U.S. fell to $6.86 billion in August from $8.01 billion in July. Exporters warn that the full impact will be felt in the coming months as higher tariffs take effect.
Despite challenges, the latest dialogue suggests renewed momentum in strengthening India-U.S. trade ties while addressing broader geopolitical concerns.


NATO to Discuss Strengthening Greenland Security Amid Arctic Tensions
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Marco Rubio Steps Down as Acting U.S. Archivist Amid Federal Law Limits
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings
Trump Signs “America First Arms Transfer Strategy” to Prioritize U.S. Weapons Sales
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
U.S. to Begin Paying UN Dues as Financial Crisis Spurs Push for Reforms
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Ukraine-Russia Talks Yield Major POW Swap as U.S. Pushes for Path to Peace
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 



