US trade delegation in India till June 10: Official
A US trade delegation that arrived in India this week will have talks on various aspects of the proposed bilateral trade agreement BTA and will conclude talks on June 10, an official said on Friday.
This comes after the White House on Tuesday said that the US had asked countries to make their best offers on trade negotiations by Wednesday, as the July 8 deadline for reciprocal tariffs is just five weeks away.
The Indian Express had reported last week that New Delhi could step up purchase of American goods ranging from agricultural items to defence equipment — in exchange for concessions on reciprocal tariffs and improved access to the US market for India's labour-intensive sectors such as textile and leather products.
Official trade data showed that India had already stepped up oil purchases from the US. India's import of crude oil from the US jumped 11.49 per cent to $63 billion in March 2025 compared to the previous year.
US Secretary of Commerce Howard Lutnick on Tuesday said the US aimed to bring back advanced manufacturing and bridge the trade deficit by increasing exports to India, adding that both sides had 'found a place that really works' for them.
Commerce Minister Piyush Goyal had led a delegation to the US from May 17 to 22 and held meetings with his counterparts—the Secretary of Commerce, Howard Lutnick, and USTR Ambassador Jamieson Greer.
Ravi Dutta Mishra is a Principal Correspondent with The Indian Express, covering policy issues related to trade, commerce, and banking. He has over five years of experience and has previously worked with Mint, CNBC-TV18, and other news outlets. ... Read More
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