Archive · 24 Sep 2025
India Seeks Tariff Advantage in US Trade Pact, Eyes Energy Deals
India wants to make a better trade deal with the U.S. to sell goods at a lower price than other countries.
The U.S. has made taxes higher on Indian products.
India wants these taxes lowered or removed.
India also wants to buy more energy, like oil and gas, from the U.S. because of a push from the U.S. to stop buying from Russia.
India hopes to benefit by reducing the higher taxes.
This will help India save money and get energy from different places.
India is negotiating a trade agreement with the US to gain tariff advantages.
The US imposed tariffs on Indian goods, including a penal tariff.
India is seeking to roll back these tariffs.
India anticipates increasing energy trade with the US.
Minister Piyush Goyal is in the US for trade talks.
- Who
- India and the United States
- What
- Negotiating a bilateral trade agreement and increasing energy trade.
- When
- Negotiations ongoing, as of September 2025
- Where
- United States
- Why
- To gain tariff advantages, increase energy trade, and counter tariffs.
India
United States
Tariffs
India
Wants the US to remove penal and reciprocal tariffs.
United States
Has imposed tariffs, with no mood to lower MFN duties.
Market Access
India
Will try to protect its red lines in agriculture and dairy
United States
Pressuring for increased market access.
- Minister in US
- Piyush Goyal
- Target
- Tariff advantages over competing nations
- US Tariffs on Indian Goods
- 25% reciprocal, plus 25% penal tariff
- US Crude Imports from India
- 4% in FY25 (volume)
- Indian Energy Imports from US
- Expected to increase
- US Crude Oil Market Share (July 2025)
- 7.72%
