Archive · 7 Dec 2025
India-US Trade Talks Resume Amid Tariff Issues
India and the United States are going to have a three-day meeting to talk about a trade deal.
They want to finish the first part of this deal by December 12.
The US team is led by Rick Switzer, and India's team is led by Rajesh Agrawal.
They are trying to make trade easier and cheaper between the two countries.
The US is India's biggest trading partner, and they want to increase trade to USD 500 billion by 2030.
Right now, trade between the two countries is worth USD 131.84 billion.
The meeting is important because the US has put high taxes on some Indian goods, which has made it harder for Indian companies to sell their products in the US.
India's merchandise exports to the US fell by 8.59% in October due to these taxes.
India wants to reduce these taxes to boost its exports to the US.
India and the US will hold three-day trade talks from December 10 to December 12 to finalize the first phase of a bilateral trade agreement.
The US delegation will be headed by Deputy USTR Rick Switzer, while India's team is led by Commerce Secretary Rajesh Agrawal.
The talks aim to address 50% additional US tariffs on Indian goods, which have led to an 8.59% decline in India's merchandise exports to the US in October.
The US is India's largest trading partner, with bilateral trade amounting to USD 131.84 billion in 2024-25.
The initial pact will serve as a launchpad for a more comprehensive Bilateral Trade Agreement (BTA) and aims to boost bilateral trade to USD 500 billion by 2030.
- Who
- India and the United States
- What
- Three-day trade talks on the first phase of a bilateral trade agreement
- When
- December 10-12
- Where
- India (location not specified)
- Why
- To finalize the initial tranche of the trade deal and address tariff issues
- Start Date
- December 10
- End Date
- December 12
- US Delegation Head
- Rick Switzer
- Indian Negotiator
- Rajesh Agrawal
- US Negotiator
- Brendan Lynch
- Current Bilateral Trade
- USD 131.84 billion
- Target Bilateral Trade by 2030
- USD 500 billion
- US Share of India's Exports
- 18%
- US Share of India's Imports
- 6.22%
- US Share of India's Trade
- 10.73%
- Additional US Tariffs on Indian Goods
- 50%
- Decline in Indian Exports to US (Oct 2024)
- 8.59%
Sources
India, US to begin three-day talks on first phase of bilateral trade agreement from December 10
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India, US trade team to start three-day talks from December 10: Sources
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