2 days ago
India-US Trade Talks Drive September 1 Exporter Meeting
India and the United States are discussing a trade agreement.
Trade means countries buying and selling goods to each other.
India’s Commerce Ministry will meet exporters on September 1 to learn how businesses are doing in the US market.
The meeting will cover medicines, textiles, cars, agriculture, chemicals and other products.
Officials will also discuss how US tariffs, or taxes on imported goods, are affecting Indian companies.
India wants its exporters to have a better tariff position than competitors from other Asian countries.
Minister Piyush Goyal is expected to visit the United States later in September for more discussions.
India sells more goods to the US than it buys, but that difference became smaller because US imports into India increased faster.
India’s Commerce Ministry will meet exporters and industry groups on September 1 to review India-US trade trends.
The meeting will assess sector-wise export performance and the effects of changing US tariff conditions.
Additional Secretary Darpan Jain, India’s chief negotiator, will chair the discussions.
The consultation precedes Commerce Minister Piyush Goyal’s expected late-September US visit for trade talks and the G20 Trade Ministerial.
India’s trade surplus with the US narrowed as imports grew faster than exports in 2025-26 and April-July 2026-27.
- Who
- India’s Commerce Ministry, industry associations, export promotion councils and exporters, with Additional Secretary Darpan Jain chairing the meeting.
- What
- A September 1 consultation to assess India-US trade trends, sector-wise export performance and changing tariff conditions during bilateral trade agreement negotiations.
- Where
- The meeting location is not specified; Goyal is expected to attend the G20 Trade Ministerial in Milwaukee and hold talks in the United States.
- When
- September 1; Piyush Goyal’s expected US visit is planned for later in September.
- Why
- To evaluate exporters’ performance and the effects of tariff changes as India and the United States negotiate a bilateral trade agreement.
Key facts
- Meeting date
- September 1
- Meeting chair
- Additional Secretary Darpan Jain, India’s chief negotiator for the trade pact
- Expected participants
- Industry associations, export promotion councils and representatives from pharmaceuticals, engineering, textiles, agriculture, chemicals, marine products, leather, automobiles, auto components, handicrafts and plastics
- 2025-26 exports to the US
- $87.31 billion, up from $86.51 billion the previous financial year
- 2025-26 imports from the US
- $53.45 billion, up 17.16% from $45.62 billion
- 2025-26 bilateral trade
- $140.76 billion, up 6.53% from $132.2 billion
- Additional US tariff
- The US imposed an additional 10% tariff on several countries, including India, from July 24
Quotes
Rajesh Agarwal
India’s Commerce Secretary
“Our sense is both sides are completely committed to move ahead and finalise the framework that was agreed in February, and the two countries are in regular contact on the issue.”
thehansindia.com
“It is a legislative process of the US, which is underway and is their internal process.”
thehansindia.com
Sources
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