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US-India Trade Talks Resume Amid Tariff and Tech Hurdles

1/12/2026

50 7 Full Breakdown

Summary

Story summary

India and the United States resume trade talks on January 13, 2026.
The resumption follows a 50% tariff on Indian goods tied to oil from Russia.
United States Ambassador Sergio Gor emphasizes the importance of the United States–India relationship, including security and technology.
Reliance Industries seeks United States approval to buy Venezuelan crude amid sanctions on Russia and faces tech hurdles for batteries.

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Story summary

India and the United States resume trade talks on January 13, 2026.
The resumption follows a 50% tariff on Indian goods tied to oil from Russia.
United States Ambassador Sergio Gor emphasizes the importance of the United States–India relationship, including security and technology.
Reliance Industries seeks United States approval to buy Venezuelan crude amid sanctions on Russia and faces tech hurdles for batteries.