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India-US trade deal negotiations heading towards ‘landing point’: Jaishankar
Oct-15-2026

External Affairs Minister S Jaishankar has said that negotiations on the India-US trade deal were heading towards a ‘landing point’, with officials from both countries working to iron out outstanding issues. He noted that the core fundamentals of the bilateral strategic partnership remain unchanged. His remarks on the trade negotiations came over a week after Finance Minister Nirmala Sitharaman said India-US trade talks had reached a ‘plateau’ with further concessions likely to be difficult for both sides.

Jaishankar said India’s trade minister, the US Trade Representative (USTR) and other officials concerned are engaged in talks to move forward on the bilateral trade pact. He said ‘the US has a fundamentally different approach to the use of tariffs. But even that is a symptom of something else. The US is today determined to re-industrialise and to reset the terms of access to its economy.’ He also noted that the US is revising the terms of its alliances and treaty relationships and that the sentiment is most strongly being felt in Europe, and to some extent, in some countries in East Asia.

India and the US have been negotiating a proposed bilateral trade pact since early 2025 to address tariff friction, eliminate non-tariff barriers, and boost bilateral market access. India is seeking more favourable tariff for its exports to the US compared with those offered to competing economies.


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