According to the office of the United States Trade Representative (USTR), US total goods trade with India was an estimated $129.2 billion in 2024. US goods exports to India in 2024 were $41.8 billion and US goods imports from India totaled $87.

India and Britain will aim to more than double bilateral trade in a decade, Indian Trade Minister Piyush Goyal said on Monday, as the two countries resumed trade talks under the shadow of tariff threats from U.

India and the UK relaunched their talks on a long-awaited trade deal on Monday under the shadow of tariff threats from U.S. President Donald Trump. Commerce minister Piyush Goyal and UK business secretary Jonathan Reynolds are meeting in Delhi for discussions.

As two-way trade expands, India’s surplus is growing. President Trump is expected to press Prime Minister Narendra Modi to lower tariffs.

India and the UK have decided to resume talks on a proposed trade agreement, Indian Trade Minister Piyush Goyal said on Monday, adding that the countries will look to speed up negotiations. Goyal was speaking at a joint press conference with UK Business and Trade Secretary Jonathan Reynolds,

In a recent speech at Washington DC, US President Donald Trump said that he plans to impose reciprocal tariff on India soon. The Republican leader said that US was getting ready to do it earlier, but plans were paused due to the Covid-19 pandemic.

In a move set to upend international trade dynamics, President Donald Trump has declared an aggressive plan to impose reciprocal tariffs on nations he accuses of exploiting the United States with exorbitant duties.