Archive · 29 Nov 2025
India-US Trade Deal Progress Amid Tariff Issues
India and the United States are talking about making a big trade deal.
The US has put high taxes (tariffs) on Indian goods, which makes it harder for India to sell things to the US.
India wants these taxes to be lowered or removed.
The Commerce Secretary of India, Rajesh Agrawal, said they hope to finish a part of the deal by the end of the year.
However, there are some tricky issues to solve, like the US wanting to sell more farm products to India.
Both countries are working hard to make a deal that is fair for everyone.
The full trade agreement will take more time to finish.
India hopes to finalize a framework trade deal with the US by the end of 2025, but political decisions are needed on sticking issues.
US tariffs of 50% on Indian goods, including a 25% penalty for purchasing Russian oil, are a major point of contention.
Key sticking points include US demands for market access to agriculture and dairy items and India's reluctance to allow GM soybean and corn imports.
A full-fledged Bilateral Trade Agreement (BTA) is expected to follow the framework deal and will take more time to finalize.
Parallel negotiations are ongoing for both the framework deal and the broader BTA, with weekly virtual meetings between the teams.
- Who
- Rajesh Agrawal, Commerce Secretary of India
- What
- India-US trade deal negotiations and tariff issues
- When
- November 28, 2025
- Where
- New Delhi, India
- Why
- To address US tariffs and finalize a framework trade deal
- Event
- FICCI 98th Annual General Meeting and Annual Convention
- Date
- November 28, 2025
- Speaker
- Rajesh Agrawal, Commerce Secretary
- US Tariffs
- 50% on Indian goods, including 25% penalty for Russian oil purchases
- Sticking Points
- US demand for market access to agriculture and dairy items, GM soybean and corn imports
- Framework Deal
- Expected by year-end, but political call needed
- Full BTA
- Likely after framework agreement, will take more time
- Trade Negotiations
- Parallel negotiations for BTA and Framework Trade Deal
Sources
‘India’s exports have increased despite US tariffs’: Commerce Ministry tells Parliamentary Standing Committee
India actively negotiating trade pact with US, EU: Goyal
India expanding global trade reach with 50-country FTA pipeline, says Piyush Goyal
‘India expects trade deal with US by year-end, most issues resolved,’ says Commerce Secretary
US tariffs: India hopes for year-end deal but political call needed
First Part Of India-US Trade Deal To Be Done By 2025 End: Commerce Secretary
India-US trade deal: First tranche of BTA deal likely to conclude by end of 2025, says Commerce Secretary
'No food inflation expected for next six months,' says Agriculture Secy Devesh Chaturvedi
India Pins Hopes On Slow-Moving Framework Trade Deal With The US, Tariff Issue To Swell During Talks For Assisting Indian Exporters
India-US Trade Deal: ' Not Much To Negotiate'
