Archive · 22 Aug 2025
India to Approach US Trade with 'Open Mind', Goyal Says
The US is charging extra taxes on some Indian goods.
India's trade minister says India is open to talking about this.
These taxes are up to 50% and started because India is buying oil from Russia.
The US and India were talking about trade, but those talks stopped.
The US was going to send people to India to talk, but that visit was canceled.
India wants to protect its farmers.
India will approach future trade ties with the US with an open mind, according to Trade Minister Piyush Goyal.
The US imposed tariffs up to 50% on Indian goods after India increased its purchases of Russian oil.
A 25% tariff on Indian goods has come into effect, with the remaining 25% set for August 27.
India-US trade talks collapsed over India resisting opening agricultural and dairy sectors.
A planned visit by U.S. trade negotiators to New Delhi has been canceled.
- Who
- India, US, Trade Minister Piyush Goyal.
- What
- India will approach future trade ties with the US with an open mind.
- When
- Recently, after US tariffs were imposed.
- Where
- India and United States.
- Why
- Due to the US imposing tariffs on Indian goods.
India
United States
Trade Policy
India
Open to trade.
United States
Imposing high tariffs and damaging trade.
- Who
- India, United States
- What
- India to approach future trade ties with the US with 'very open mind'
- US Tariffs
- Up to 50% on Indian goods.
- Indian Stance
- Approaching with a very open mind
- Trade Minister
- Piyush Goyal
Sources
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