Archive · 15 Dec 2025
India-US Trade Talks Near Completion
India and the US are very close to finalizing a trade deal.
The Indian rupee has been falling and reached a new low of 90.73.
This is because the trade deal with the US is taking a long time, and foreign investors are selling Indian stocks.
The US has put high taxes on Indian goods, which is hurting Indian businesses.
India is also talking to Mexico about high taxes they want to put on Indian goods.
Despite these problems, India's exports to China have increased a lot.
The Indian government is hopeful that the trade deal with the US will be finalized soon.
The Indian rupee hit an all-time low of 90.73 due to delayed trade deals and foreign investment outflows.
India and the US are close to finalizing a framework trade agreement to address high tariffs and trade barriers.
US tariffs of up to 50% on Indian goods have significantly impacted Indian exports, which fell 28% from May to October 2025.
Foreign investors have sold over $18 billion in Indian stocks, contributing to currency depreciation.
India's exports to China rose by 32.83% from April-November 2024 to 2025, showing a shift in trade dynamics.
- Who
- India and the US
- What
- Trade negotiations and currency depreciation
- When
- December 2025
- Where
- India and the US
- Why
- To address tariffs, trade agreements, and economic impacts
- Currency Depreciation
- Indian rupee hits all-time low of 90.73
- Trade Deal Status
- Framework deal close to finalization
- US Tariffs
- 50% tariffs on Indian goods
- FII Outflows
- Over $18 billion sold in local stocks
- Exports to US
- Down 28% from May to October 2025
- Exports to China
- Up 32.83% from April-November 2024 to 2025
- Trade Deficit
- Narrowed to $24.53 billion in November 2025
- RBI Intervention
- Mild intervention, no specific target levels
Sources
From H-1B visa to key areas requiring attention: Dhruva Jaishankar on challenges in India-US ties
A bridge still too far
Trade, AI and diaspora role take centre stage in India–US relations debate
US Congressman warns India ties cooling over tariffs, China challenge
Trump’s new foreign policy document is bad news for India
India, US close to initial trade deal to lower reciprocal tariffs: Commerce Secretary
India’s November trade deficit shrinks as imports drop, exports surge
We are very close on framework deal with US: Commerce Secretary
Indian rupee hits fresh all-time low of 90.73 as trade deal delays, FII outflows weigh - Market News
India-US trade talks: ‘Very close on framework, to be done in a short period,’ says Commerce Secretary
