India-US trade deal nearing ‘landing point’: EAM

External Affairs Minister S Jaishankar stated on Tuesday, 13 October, that India’s trade talks with the United States are proceeding in the right direction, despite ongoing differences over tariffs and market access. The minister’s comments signal an ongoing effort to finalize a deal, which has taken longer than initially projected.

Jaishankar acknowledged the talks were more challenging than expected, citing the need to protect sensitive domestic sectors and ensure competitive terms for Indian exporters. The agreement, initially outlined in February 2026, remains a crucial aspect of the broader India-US relationship, aimed at strengthening commercial ties while safeguarding domestic economic interests.

However, uncertainty surrounding changes to American tariff policies, particularly the Section 301 process, poses a significant hurdle for Indian exporters who require clarity on duties. Jaishankar emphasized that while there is a general understanding of the trade agreement, several key issues demand careful consideration before a final deal can be signed.