India Says Most US Trade Deal Issues Resolved, Talks Near Finish Line
India's External Affairs Minister S Jaishankar said most issues in the proposed US trade pact are settled and the deal could be sealed soon.
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what happened
External Affairs Minister S Jaishankar said on Saturday that India and the United States have resolved most issues in the proposed trade deal, including tariff lines. Speaking at the HT Leadership Summit, he said talks had reached the finishing line and that many remaining concerns lie more on the American side, which has made more changes.
He said New Delhi wants an agreement that is balanced and gives Indian goods an edge over economies at a comparable level of development. Prime Minister Narendra Modi may travel to the US for the G20 Summit in Miami on December 14 and 15, where he and President Donald Trump could meet to discuss the pact and the wider state of ties.
Source: Moody's.
why it matters
For markets, the signal matters: trade friction between India and the US may be easing after ties sharply weakened last year. A signed agreement could support sentiment toward Indian exporters, but final terms have not yet been published.
market impact
Indian stocks and the rupee: progress in talks may support sentiment toward exporters.
tags
instruments
sources
- Bulk of issues resolved, India-US trade pact approaching 'finishing line': Jaishankar — Moody's, 14 November 2026 at 12:21 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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