Jaishankar said, “Between India and the US, trade talks have been going on. These are complicated negotiations. Nothing is decided till everything is.”
External Affairs Minister S Jaishankar on Thursday said that trade talks between India and United is ongoing, and India expects a “mutually beneficial trade deal”.
Interacting with reporters on the sidelines of an event in Delhi, Jaishankar said, “Between India and the US, trade talks have been going on. These are complicated negotiations. Nothing is decided till everything is. Any trade deal has to be mutually beneficial; it has to work for both countries. That would be our expectation from the trade deal. Until that is done, any judgment on it would be premature.”
United States President Donald Trump on April 2 had announced sweeping reciprocal tariffs on several countries, including India and China. However, a week later, he announced a 90-day suspension of these tariffs until July 9 this year, except for those on China and Hong Kong, as about 75 countries approached America for trade deals.
In the past, Trump has called India “tariff king” and a “big abuser”. Last month, Trump had said negotiations with India over a bilateral trade deal are “coming along great” and he thinks “we’ll have a deal with India”.
#WATCH | EAM Dr S Jaishankar says, “Between India and the US, trade talks have been going on. These are complicated negotiations. Nothing is decided till everything is. Any trade deal has to be mutually beneficial; it has to work for both countries. That would be our expectation… pic.twitter.com/qiDroEHzQD
— ANI (@ANI) May 15, 2025
Meanwhile, India-US talks for proposed trade pact progressing very well, Commerce Secretary Sunil Barthwal said on Thursday (May 15). “Our team is going to US for further discussions,” he said, reports PTI.
Commerce and Industry Minister Piyush Goyal will lead a team of senior Indian officials to Washington starting May 17 for discussions with their US counterparts on the agreement. He will hold meetings with US Trade Representative (USTR) Jamieson Greer and US Commerce Secretary Howard Lutnick during his visit.
