India and US Launch High-Stakes Trade Talks in Delhi Following 50% Tariff Spike on Indian Goods

Trade tensions escalate as Washington slaps massive tariffs on Indian imports—now both sides race to negotiate before markets react.

Diplomatic Pressure Cooker

Teams from India and the US dive into urgent discussions—aiming to dodge a full-blown trade war. The 50% tariff hike hangs heavy over the table.

Strategic Moves & Market Jitters

No official data disclosed yet, but insiders whisper about potential retaliatory measures. Classic geopolitical chess—where every move costs someone billions.

Finance folks are already hedging—because nothing says 'stable markets' like politicians deciding tariffs over coffee.

India advances EU trade talks, plans import substitution strategy

India is also pushing ahead with a trade agreement with the European Union. The next phase of negotiation is planned for October 6th-10th.

The United States is India’s largest export destination, and the new tariff regime is expected to affect labour-intensive categories such as jewelry and textiles. Many exporters sped up deliveries before the higher duties kicked in. 

According to the data, outbound shipments to the U.S. reached 40.39 billion US dollars from April to August, compared with 34.21 billion US dollars in the same period the previous year.

To cut reliance on imports, the government has marked out around 100 products in which domestic manufacturing could be scaled up. Officials say the plan is part of a broader effort to steady trade flows while talks proceed with major partners, including the United States and the European Union.

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