Drooid Logo
Back to today’s briefing

Story perspectives

Trump, Modi Progress on Trade Deal Amid Tariff Tensions

11/7/2025

26 2

1 of 1

Story summary
  • U.S. President Donald Trump said talks with Narendra Modi on the India-US trade deal are progressing, with visit next year.
  • Five rounds of talks have been completed since March, aiming to raise trade from $191 billion to $500 billion by 2030.
  • Commerce Minister Piyush Goyal confirmed negotiations and emphasized concluding a mutually beneficial agreement.
  • Trump imposed 25% tariff on Indian shipments over India's purchase of Russian oil and urged reduction.