Back to today’s briefing

Story perspectives

US-India Trade Talks Stalled, Exporters Face Summer Setback

1/7/2026

38 5

Summary

Story summary

U.S. President Donald Trump and Prime Minister Narendra Modi are in talks, but progress is slow, risking India’s exporters missing the US summer season.
January 2026 is critical for securing contracts for the first half of 2026, as 50% tariffs since August have reduced order volumes.
Rafeeque Ahmed, chairman of the Farida Group, has reduced production by 20–25% and laid off workers, urging orders by January 15 to stabilize revenue.

1 of 1

Story summary

U.S. President Donald Trump and Prime Minister Narendra Modi are in talks, but progress is slow, risking India’s exporters missing the US summer season.
January 2026 is critical for securing contracts for the first half of 2026, as 50% tariffs since August have reduced order volumes.
Rafeeque Ahmed, chairman of the Farida Group, has reduced production by 20–25% and laid off workers, urging orders by January 15 to stabilize revenue.