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India-US Trade Deal Heading Towards ‘Landing Point’, EAM Jaishankar Says
Jaishankar said outstanding issues remain, but India’s exports to the US rose 21% in August to $8.3 billion, easing pressure for a deal.
- On Tuesday, External Affairs Minister Jaishankar said India-US trade negotiations are heading toward a "landing point," though he declined to predict when the agreement would be finalized, citing unresolved issues.
- Earlier this month, Finance Minister Nirmala Sitharaman said talks had reached a "plateau," while Commerce Minister Piyush Goyal and United States Trade Representative Jamieson Greer work to resolve outstanding issues.
- India joined 14 countries last Wednesday in acknowledging structural excess capacity challenges, signaling the United States may avoid fresh Section 301 tariffs following the G20 trade ministers' meeting.
- Washington extended a trade truce with China until January 10, 2027, heightening New Delhi's unease that India remains exposed to tariffs while Beijing receives protection.
- Jaishankar emphasized that while India has a strong strategic partnership with the US, it is not an official alliance, noting the shared interests pursued for 20 years remain fundamentally unchanged.
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India-US Trade Deal Nears ‘Landing Point’, Jaishankar Says Talks Continue To Iron Out Differences
<p>New Delhi, Oct 14 (PTI) India and the US are continuing to engage to iron out differences on the proposed trade deal, and negotiations are heading towards a "landing point," External Affairs Minister S Jaishankar has said, while noting that the core fundamentals of the bilateral strategic partnership remain unchanged.</p> <p>The external affairs minister's comments on the trade negotiations came over a week after Finance Minister Nirmala Sith…
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Coverage Details
Total News Sources15
Leaning Left2Leaning Right6Center4Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 17%
C 33%
R 50%
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