'Handling this matter very wisely': Piyush Goyal hints at $500 billion bilateral trade with US
Thursday, 10 April 2025 Commerce Minister Piyush Goyal has assured that India is strategically addressing tariff concerns with the US, aiming to boost bilateral trade to $500 billion. He expressed optimism about ongoing discussions with Washington, highlighting the groundwork laid by PM Modi and President Trump to strengthen relations and facilitate trade.
Piyush Goyal asserted India's resilience, stating it won't bow down to anyone and will capitalize on global trade restructuring. He expressed confidence in.. IndiaTimes
Business Secretary Jonathan Reynolds and his Indian counterpart Piyush Goyal formally signed the UK-India trade agreement in the great hall of Chequers. The deal is set to be worth £6 billion in investment for the British economy and increase efforts to tackle illegal migration and organised crime. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
President Donald Trump has reignited global trade tension by declaring that the U.S. can “do whatever we want” as the July 8 deadline on reciprocal tariffs approaches. The 90-day pause on steep U.S. import duties—affecting several nations—is set to expire soon, with Trump refusing to confirm adherence to any deadline. While the EU faces a 50% tariff threat by July 9, Trump hinted flexibility, echoing his stance that America will act in its best interest. Amidst this uncertainty, Trump teased a “very big” trade deal with India, stating the U.S. has finalized partial deals with China and the UK and is working on opening India’s trade structure. Commerce Secretary Howard Lutnick and Indian Minister Piyush Goyal have confirmed negotiations are progressing. Trump suggested letters may soon be sent to over 200 nations outlining revised U.S. trade terms. The trade battlefield is heating up again—with Trump in full control.
#TrumpTradeDeal #TariffDeadline #ReciprocalTariffs #IndiaUSDeal #USChinaTrade #TrumpOnIndia #TrumpTariffs #PiyushGoyal #HowardLutnick #USUKTrade #EU50PercentTariff #TradeWarReturns #USIndiaNegotiations #TrumpTradeFramework #GlobalTradeNews #TrumpWhiteHouse #IndiaUSRelations #AmericaFirstTrade #JulyTariffDeadline #BigTradeDeal
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