Russia, India and sanctions
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Indian exports to the United States have faced pressure due to recent tariff decisions by Washington. In August, the US introduced 50% tariffs on Indian goods, half imposed as penal measures linked to India’s energy imports from Russia.
NEW DELHI (Reuters) -India and the United States are set to hold trade talks this week, with New Delhi pledging to import U.S. energy and gas as it aims to address Washington's concerns over its Russian oil purchases,
Piyush Goyal on Thursday stated that India and the United States are advancing in their trade discussions amid US President Donald Trump's tariffs on New Delhi. Last month, Goyal headed an official delegation to New York for further trade talks.
Commerce and Industry Minister Piyush Goyal was in the United States last month, leading high-level trade negotiations as both nations work toward concluding a comprehensive bilateral trade agreement.
President Donald Trump said this week he spoke with Indian Prime Minister Narendra Modi mainly about trade, and that Modi had assured him India would limit its oil purchases from Russia. After the United States sanctioned Russia's top oil producers on Wednesday,
India and the US are nearing a trade deal amid high tariffs, with positive technical talks, export growth, and hopes for steel and aluminium concessions.
The relationship between India and the United States has been the frontpage news - at least in India - for some months. The recent pleasant social media exchanges between President Donald Trump and Prime Minister Narendra Modi are a welcoming gesture ...
India and the United States are close to finalising a trade deal after months of negotiations. Both nations are addressing the remaining few differences in their agreement, emphasising smooth progress without new complications.
Talks were suspended in August after the Trump administration hiked tariffs on most India goods to 50% as a penalty for Indian purchases of Russian crude oil.
India Post will resume all categories of international postal services to the United States from October 15, nearly two months after suspending shipments due to regulatory changes in American customs
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