US Envoy: Final 1% Left in India-US Trade Deal
US envoy Sergio Gor announced that only one percent of issues remain in the India-US trade deal, with talks ongoing in New Delhi and a signing expected within weeks.
Category : International Trade
Indo-US Trade Deal Almost Done: US Ambassador Sergio Gor
US Ambassador Sergio Gor says the Indo-US trade deal is nearly complete, with only 1% of issues remaining. He highlights lower US tariffs for India and the value of the bilateral relationship.
US Announces New Tariffs on India Over Forced Labour
The US has imposed new tariffs on India and other nations over alleged forced labour practices. India's Commerce Ministry says it remains engaged with the US on the matter.
India-Oman CEPA: Strategic Hedge Against Hormuz Fuel Risks
The India-Oman CEPA comes into force amid Gulf tensions, offering an alternative energy gateway beyond the Strait of Hormuz. With imports surging 246.4%, it serves as a strategic hedge against supply shocks and fuel price volatility.
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US Team in India for Interim Trade Deal Progress
US Assistant Trade Representative Brendan Lynch arrives in India to finalize an interim trade deal. Ambassador Sergio Gor confirms progress under Modi-Trump vision, despite new US tariff proposals on forced labor.
India Reacts to Fresh US Tariff Threats, Trade Talks On
India responds to US tariff threats under Section 301, stating that discussions on a trade framework are in progress. The move could impact bilateral trade relations.
India Engages US on Section 301 Probe Over Trade Concerns
India is in touch with the US regarding a Section 301 investigation that flags concerns over forced labour and excess industrial capacity, potentially leading to tariffs.
US Proposes 125% Duties on India, 53 Nations Over Forced Labour
The US Trade Representative has proposed imposing 125% additional duties on imports from India and 53 other countries due to forced labour and import violations.
India Faces Risk as US May End Russian Oil Sanction Waivers
US Secretary of State Marco Rubio stated that ending sanction waivers on Russian oil is under consideration, which could impact India's energy imports and strategic ties.
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US Seeks to End Sanctions Waivers on Russian Oil: Rubio
US Secretary of State Marco Rubio stated the US wants to end sanctions waivers on Russian oil, with the Treasury making the final decision. The waiver, granted in March and extended twice, expires June 17.
Explained: Why Iran's Bab El-Mandeb Strait Threat Matters
Iran warns it may block the Bab El-Mandeb strait, a key shipping route linking the Red Sea to the Gulf of Aden, escalating tensions amid conflicts in Lebanon and Gaza.
Iran Threatens to Block Bab al-Mandeb Strait: Global Energy Impact
Iran warns it may block the Bab al-Mandeb strait, a key maritime chokepoint for global oil shipments, escalating tensions after the Hormuz Strait threat.
US Student Visa Changes May Deepen AI Talent Crisis
Proposed US student visa changes could eliminate flexible status, reduce grace periods, and impact Indian graduates, worsening talent shortages in AI and tech sectors.
India-Oman CEPA Takes Effect: Major Trade Milestone
The India-Oman Comprehensive Economic Partnership Agreement (CEPA) has come into force, granting duty-free access to 99.38% of Indian exports by value, a landmark deal in the Gulf region.
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Karnataka Mango Exports Shift to US, UK Amid Crisis
Amid flight cancellations and tensions in the Gulf, Karnataka has pivoted mango exports to the US, UK, Australia, and Europe, shipping over 183 tonnes this year.
India, US Near Trade Pact as Tariff Terms Hinge on Section 301 Relief
India and the US are close to finalizing a trade pact, with key tariff terms depending on Section 301 relief. A US delegation will hold talks in New Delhi starting Tuesday.
US Forces Guide 70 Ships Through Strait of Hormuz
US naval forces escorted 70 commercial vessels through the Strait of Hormuz, a critical waterway for global oil supplies, amid heightened tensions with Iran.
India May Revisit Scotch Whisky Tariff Cuts Over UK Steel
India may reconsider tariff cuts on Scotch whisky if the UK continues steel import curbs, an official said. The trade pact had reduced tariffs from 150% to 75% initially.
India-US Trade Deal Nears Signing: Goyal
Commerce Minister Piyush Goyal announced that the first tranche of the India-US bilateral trade agreement is nearing finalisation, with most issues resolved and a US delegation in New Delhi for talks.
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India-Oman Trade Pact in Force: Boost for Exports, Investment
The landmark India-Oman trade pact has come into force, enhancing bilateral trade, investment, and strategic cooperation, including an alternative route to the Strait of Hormuz.
India's Defence Export Dream: Can It Lead Global Arms Market?
India aims to become a top arms exporter by 2026. With strategic policies and growing demand, the nation seeks to transform from importer to global supplier.
India Turns to Oman as Alternative Trade Route Amid Crisis
Amid Middle East turmoil disrupting the Strait of Hormuz, India's free trade deal with Oman offers a strategic alternative for trade and energy supplies, leveraging Oman's coastline outside the strait.
Farmer Union to Launch Movement Against India-US Trade Deal
A major farmer union in Haryana has announced a movement against the proposed India-US trade deal, citing concerns over agricultural imports and farmer livelihoods.
How Middle East Conflict Raises Your Kitchen Bills
Geopolitical tensions in the Middle East are driving up costs of everyday essentials like cooking oil, milk, and LPG in India, impacting household budgets.
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Trump: US Close to Very Good Deal with Iran Amid Pact Changes
President Trump announced the US is nearing a 'very good deal' with Iran, following reports of modifications to the nuclear agreement. The potential deal has sparked international attention.
Floating Naval Mine in Hormuz Triggers Emergency Warning
Oman's Maritime Security Centre issued an urgent warning after detecting a suspected floating naval mine in its territorial waters near the Strait of Hormuz, threatening global oil and LNG tankers.
India, EAEU Discuss Limited Trade Pact Amid FTA Talks
India and the Eurasian Economic Union are exploring a temporary trade arrangement for selected goods as part of complex FTA negotiations, Russia's Economic Development Minister said.
India-US Interim Trade Deal Could Be Finalised Within Weeks
US Ambassador Sergio Gor announced that India and the US are close to finalising an interim trade agreement, unlocking new economic opportunities across trade, technology, AI, semiconductors, and space.
India-US Trade Deal in Final Stretch: Talks Next Week
The India-US trade deal enters its final phase with a crucial round of talks scheduled for next week, aiming to resolve outstanding issues and finalize the agreement.
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US Trade Priority for India: More Meetings Expected
State Department spokesperson Tommy Pigott says trade remains a priority for the US with India, expecting more meetings to advance the bilateral trade deal.
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