India and the U.S. are close to finalising a long-awaited trade agreement, Indian Trade Minister Piyush Goyal said on Thursday after the latest round of negotiations with U.S. Trade Representative Jamieson Greer.
Greer concluded a two-day visit to New Delhi on Wednesday for talks aimed at securing a deal widely seen as key to strengthening economic ties between the two countries.
Speaking at an event in London, Goyal said negotiations were nearing completion, adding that the agreement now depended on Washington establishing the legal framework needed to give India tariff advantages over competing Asian economies.
"The day that happens, the deal is on," Goyal said.
India has been seeking lower tariffs on its exports than those imposed on goods from rival manufacturing hubs, while the U.S. has pressed New Delhi to increase imports of American products and further reduce trade barriers.
The two countries reached a preliminary understanding in February that included an 18% tariff on Indian goods in exchange for greater market access for U.S. exports. At the time, the proposed tariff was lower than those applied to competitors such as Bangladesh and Vietnam.
However, progress stalled after the U.S. Supreme Court invalidated President Donald Trump's sweeping global tariff policy, creating uncertainty over the legal basis for the agreement.
Negotiations have also been complicated by an ongoing Section 301 investigation by the Office of the U.S. Trade Representative into alleged overcapacity and forced labour in India and several other countries.
The U.S. military said it completed a sixth consecutive night of strikes on Iran late on Thursday, targeting logistics infrastructure and maritime ca...
Hungary is channelling around two million cubic metres of water into the park's largest marshland, Fekete-rét (Black Meadow), through the Nyugati irr...
Natural disasters caused $5.7 million in damage across Tajikistan during the first half of 2026, as hundreds of avalanches and mudflows swept through ...
The U.S. military said it completed a sixth consecutive night of strikes on Iran late on Thursday, targeting logistics infrastructure and maritime capabilities. Iran responded by launching strikes at U.S. bases in neighbouring countries.
On 17 July, AnewZ's Daybreak focused on renewed U.S. strikes on Iran, the suspension of one of President Donald Trump's teleprompter aides and Volodymyr Zelenskyy's appointment of an acting defence minister.
Hungary is channelling around two million cubic metres of water into the park's largest marshland, Fekete-rét (Black Meadow), through the Nyugati irrigation canal to replenish wetlands affected by prolonged dry conditions.
Natural disasters caused $5.7 million in damage across Tajikistan during the first half of 2026, as hundreds of avalanches and mudflows swept through the country, killing 12 people, according to government figures.
U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be targeted next week unless Tehran returns to negotiations.
The U.S. military announced that it has completed a new wave of strikes against Iranian military targets under U.S. President Donald Trump's orders. The operation targeted command centres, air defence systems, missile and drone facilities, and coastal surveillance sites across multiple locations.
Nineteen years ago, at Barcelona's Camp Nou, Lionel Messi posed for a charity photo shoot with a five-month-old baby he had never met. On Sunday, that baby, Lamine Yamal, will face Messi in the 2026 FIFA World Cup final as Spain take on Argentina. A full-circle football story.
The half-time interval during the 2026 FIFA World Cup final is expected to be extended to around 30 minutes to accommodate the tournament’s first-ever major half-time concert.
Russia's government is prioritising fuel supplies for vehicles delivering food to major retail chains as the country grapples with nationwide fuel shortages caused by repeated Ukrainian drone attacks on its energy infrastructure.
SpaceX's Starship rocket aborted its 13th flight test just seconds before liftoff in Texas on Thursday after some of its 33 engines failed to start. CEO Elon Musk said the company is likely to make another launch attempt early next week.
At least 20 children and one adult have been killed after a school bus carrying pupils on a study trip crashed in eastern Uganda. Dozens of other passengers were injured when the vehicle reportedly lost control and overturned.
North Korean state media called South Korea a “puppet” over its participation in a U.S.-led maritime exercise, warning that Seoul and Washington would bear responsibility for any “unpredictable escalation” in the region.
The U.S. will impose new 25% tariffs on Brazilian imports, including furniture, ethanol, machinery, footwear and sugar. The move launches a new wave of tariffs that could eventually affect dozens of countries.
A kāhu, or swamp harrier hawk, found in Wairarapa is New Zealand’s second confirmed H5N1 bird flu case.
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