Archive · 24 Jul 2026
India Studies US Tariffs Amid Trade Deal Talks
India is looking at new tariffs put in place by the US while also talking about a big trade deal between the two countries.
The Indian government is talking to different groups, like farmers and businesses, to make sure India's trade is safe.
The US has put a 10% tax on some products from all countries.
India and the US started talking about a trade deal in 2025 and want to increase trade to $500 billion by 2030.
They have had meetings recently to discuss this.
India also exports a lot to countries like Bangladesh, Nepal, and Sri Lanka, and these exports have grown a lot over the years.
India is studying new US tariffs and consulting stakeholders to safeguard trade interests.
The US has imposed 10% tariffs on certain products from all countries.
India and the US are negotiating a bilateral trade agreement to reach $500 billion in trade by 2030.
Recent meetings between the two countries include Washington, DC (20-22 April), New Delhi (1-4 June), and a US Trade Representative visit (22-24 June).
Major export destinations for India include Bangladesh, Nepal, and Sri Lanka, with significant growth in exports over the years.
- Who
- India and the US
- What
- India is studying new US tariffs while pursuing a bilateral trade agreement
- When
- Ongoing negotiations, recent meetings in April, June, and June 2026
- Where
- India and the US
- Why
- To safeguard trade interests and expand bilateral trade to $500 billion by 2030
India's Perspective
US Perspective
Trade Tariffs
India's Perspective
India is studying the new US tariffs and consulting stakeholders to safeguard its trade interests.
US Perspective
The US has imposed 10% tariffs on certain products from all countries under section 122 of the US Trade Act 1974.
Bilateral Trade Agreement
India's Perspective
India is engaged in negotiations for a BTA with the US to expand bilateral trade to $500 billion by 2030.
US Perspective
The US is also engaged in negotiations but has imposed new tariffs which could impact the trade deal.
- US Tariffs
- 10% on certain products from all countries
- Bilateral Trade Agreement
- Negotiations ongoing, target $500 billion trade by 2030
- Recent Meetings
- Washington, DC (20-22 April), New Delhi (1-4 June), US Trade Representative visit (22-24 June)
- Major Export Destinations
- Bangladesh, Nepal, Sri Lanka
- Export Growth
- Bangladesh: $1.7B (2005-06) to $10.6B (2025-26), Nepal: $0.9B (2005-06) to $7.4B (2025-26), Sri Lanka: $2B (2005-06) to $5.5B (2025-26)