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India said it will continue negotiations with the United States to finalize a bilateral trade agreement after the Trump administration imposed a new 10% tariff on Indian imports under its latest trade measures.
The new tariff, announced on Friday, is part of Washington’s decision to apply duties ranging from 10% to 12.5% on imports from 60 trading partners. The U.S. said the move targets countries it claims have failed to prevent the import of goods produced with forced labor.
According to India’s Ministry of Commerce and Industry, the 10% tariff is lower than the 12.5% duty proposed in June. The ministry also noted that several major export categories, including generic pharmaceuticals, smartphones, steel, aluminum, and auto parts, are exempt from the new measure.
India emphasized that it remains committed to strengthening economic ties with the United States and will continue discussions on sector-specific concerns, including textiles, as part of the broader bilateral trade agreement negotiations.
“The government remains committed to working with the United States towards the early conclusion of the India-U.S. Bilateral Trade Agreement,” the commerce ministry said in its statement.
The ministry estimated that around 45% of India’s exports to the U.S. will remain unaffected because they fall under exempt product categories. The remaining 55% of exports will be subject to the newly imposed 10% tariff.
The latest duty will be applied in addition to the existing U.S. most-favored-nation (MFN) tariff rates, increasing the cost of affected Indian goods entering the American market.
India and the United States have been negotiating a trade pact since last year to expand bilateral trade, improve market access, and resolve long-standing commercial issues. Despite the new tariffs, New Delhi signaled that talks will continue, reflecting both countries’ interest in reaching a comprehensive trade agreement while addressing sector-specific challenges.
