No more give and take: India-US trade talks stall without progress

5 October 2026 World

Finance Minister Nirmala Sitharaman stated US-India trade deal negotiations have reached a plateau.
Sitharaman noted both sides face difficulties making further concessions beyond current negotiation limits.
The US seeks to reduce its deficit, while India maintains a trade surplus.
India expects to conclude bilateral investment protection deals with three countries by December.

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