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2d ago

U.S. Postpones August Trade Visit to New Delhi, Talks Stall With 50% Duties Approaching

Deferral of the delegation trip casts doubt on the September–October deadline for first-phase trade agreement tariff relief

Peter Navarro, Senior Counselor for Trade and Manufacturing for U.S. President Donald Trump, speaks to the media outside the White House in Washington, D.C., U.S., April 30, 2025. REUTERS/Evelyn Hockstein/ File Photo
US President Donald Trump shakes hand with Russian President Vladimir Putin, as they meet to negotiate for an end to the war in Ukraine, at Joint Base Elmendorf-Richardson in Anchorage, Alaska, U.S., August 15, 2025.

Overview

  • The USTR delegation led by Assistant Trade Representative Brendan Lynch was postponed from its August 25–29 schedule, and no new dates have been set.
  • The postponement makes it unlikely that the September–October target for concluding the first phase of the bilateral trade agreement will be met, extending uncertainty for exporters.
  • A 25% reciprocal tariff on Indian goods took effect on August 7, and an additional 25% penalty tariff tied to India’s Russian oil imports remains scheduled for August 27, exposing some products to 50% duties.
  • Negotiations have stalled over U.S. demands for greater access to India’s agriculture and dairy markets, which New Delhi insists must remain protected to safeguard small farmers.
  • President Trump’s recent summit with President Putin did not alter the pending tariffs but has introduced uncertainty about potential further U.S. measures.