Trade talks between India and America resumed on Tuesday, both sides unanimously said it was positive

New Delhi: Bilateral trade talks between the US and India have resumed on Tuesday. This is the first time trade talks are being held between the two countries after US President Donald Trump imposed 50 percent tariffs on India. Both sides have termed it positive. Assistant Trade Representative Brendan Lynch from the US has come to India for the talks. The US Embassy has given its first reaction to this.

The embassy said, the meeting was positive

A US embassy spokesperson has given details about this. The spokesperson said, "US Assistant Representative Brendan Lynch held a positive meeting with his counterpart, Special Secretary of the Ministry of Commerce and Industry, Rajesh Aggarwal, in Delhi on September 16 to discuss the next steps in bilateral trade talks."

Soon after this, similar sentiments were expressed in a statement issued by the Ministry of Commerce and Industry. It said that both countries have decided to intensify efforts to reach a trade agreement.

Statement of the Ministry of Commerce

The Commerce Ministry said, "Recognizing the enduring importance of bilateral trade between India and the US, the discussions were positive and visionary, covering various aspects of the trade agreement. It has been decided to accelerate efforts to conclude a mutually beneficial trade agreement soon."

Tension since tariff

Lynch and her team arrived in India for talks on Monday night. Indian government sources described this as a continuation of the earlier talks and not the sixth round of talks between the two countries on the trade agreement. On July 30, New Delhi imposed a 25 percent tariff on India for oil purchases from Russia.

After this, another 25 percent tariff was announced as a penalty on August 1. The 50 percent tariff has been implemented from August 27. After its implementation, tension was seen in relations between America and India.

Basis for further talks

The main focus of the ongoing trade talks between India and US officials is on new steps needed to increase bilateral trade in goods and services, increase market access, reduce tariff and non-tariff barriers and strengthen supply chain integration. It is believed that the talks held on Tuesday will help set the basis for the sixth round of India-US trade talks in the coming weeks.

What is the goal of both countries

The deadline for the first phase of the mutually beneficial, multi-sectoral bilateral trade agreement is October/November 2025. President Trump and Prime Minister Modi have set a new goal for bilateral trade - 'Mission 500' - to more than double the bilateral trade between India and the US to $500 billion by 2030. Currently, total trade between the two countries is around $190 billion.