The important trade talks between india and the US have been unexpectedly canceled. The US trade negotiators were scheduled to visit New delhi from august 25 to 29. While these trade talks were considered very important, this sudden cancellation is said to have caused a setback in the trade relations between the two countries. The two countries had already set a target to finalize the first phase of the bilateral trade agreement by the end of this year. But now that the talks have been postponed, there are doubts whether that target will be met. Although the official reason for the cancellation of these trade talks has not been disclosed yet, it is expected that the meeting will be rescheduled soon.
This round of talks has assumed greater significance after US President donald trump announced that he would impose an additional 25% tax on indian exports. It was announced that this additional tax would come into effect from august 27. Since these talks were scheduled two days before the new tax was to come into effect, it was expected that the two countries would discuss reducing or postponing this tax. Now, with the talks canceled, the trade war is likely to intensify further. This could hit indian companies exporting to the US, especially in sectors like textiles, auto parts, and electronics.
 
Speaking about the cancellation of these talks, senior indian government officials said that india is fully engaged with the US. They said that discussions are taking place through formal negotiating teams and at the ministerial, diplomatic, and industrial levels in many ways. They also described the US as a very important trading partner for India. Both countries are reportedly in touch to reschedule the talks, but a new date has not yet been finalized. The talks were canceled. This has further increased the current tense situation. For india, the US is a key trading partner. After the US-China trade war, many companies are considering india as an alternative manufacturing and export hub, bypassing China. The additional tariffs imposed by the US at this time will be a challenge to India's economic growth and the confidence of exporters. Although the talks have been temporarily postponed, there is hope among indian exporters and traders that the two countries will soon reach a solution. However, when these talks resume will be a key factor determining the future of indian exporters.
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Sowmiya Sriram

18/08/2025 12:32 PM