Overview
- MEA spokesperson Randhir Jaiswal said India remains engaged with the United States to conclude a trade deal and that discussions are continuing.
- President Donald Trump told reporters in Gyeongju that he is doing a trade deal with India and offered public praise for Prime Minister Narendra Modi.
- Negotiators have completed five rounds, with reporting pointing to an October–November 2025 timeline for a first tranche of the agreement.
- Indian exports to the United States face roughly 50 percent tariffs in total, and additional levies have been reported on sectors including branded and patented pharmaceuticals.
- Commerce Minister Piyush Goyal said talks are cordial but any agreement will proceed only if the interests of farmers, fishermen, and MSMEs are fully addressed.