Thursday, 12 November 2026 IPO data updated 1 minute ago

India-US Trade Talks Reach a Plateau, Says Nirmala Sitharaman

India-US Trade Talks Reach a Plateau, Says Nirmala Sitharaman

India-US trade deal negotiations have reached a “plateau,” Finance Minister Nirmala Sitharaman said, indicating that further progress may be difficult without additional compromises from both sides. She said it is challenging for India to give more while expecting less in return during the negotiations.

Sitharaman also said that trade deals appear to be moving away from the traditional spirit of negotiation, while tariffs are increasingly being used as a “weapon.” India and the US continue to negotiate key trade and tariff-related issues, with businesses and investors closely watching the outcome.

The comments highlight the challenges facing India-US trade negotiations. A breakthrough could be important for Indian exporters, the rupee and overall market sentiment.

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