October 6, 2025
2 mins read

Jaishankar Hints at Tariff Deal with US

Jaishankar explained that the ongoing trade tensions largely stem from the inability of both sides to reach a common ground on several issues….reports Asian Lite News

External Affairs Minister S. Jaishankar on Sunday said that India and the United States are actively working to resolve the ongoing tariff issues through dialogue, expressing confidence that these challenges will not affect the broader trade relationship between the two nations.

Speaking at the Kautilya Economic Conclave (KEC 2025), he said a large part of India’s trade with the US remains “business as usual” despite the current differences.

Jaishankar explained that the ongoing trade tensions largely stem from the inability of both sides to reach a common ground on several issues.

“We have issues with the US and a big part of it is because we have not arrived at a landing ground. The inability to reach there has led to tariffs being levied,” he said.

The minister revealed that negotiations are ongoing regarding the 50 per cent tariffs imposed on Indian exports.

He stressed that India’s “red lines have to be respected” while finding a solution. “There has to be an understanding with the US because it is the number one market and because a lot of the world has reached that understanding,” Jaishankar said.

Despite the tariffs, the minister underlined that trade between the two countries is largely continuing smoothly.

“I don’t think this will percolate to every dynamic of trade. Some issues will need to be negotiated, but I would hesitate to read very much more into it than the issues themselves,” he said.

Jaishankar also highlighted the challenges that tariffs pose for policymakers in today’s global trade environment.

“When you have a world where the central consideration of trade has become tariffs, please explain to me where comparative advantages and competitive advantages go,” he remarked.

He noted that additional tariffs have been imposed on India’s energy trade, but assured that both nations are engaged in active negotiations to resolve these matters.

The minister pointed out that India has successfully signed trade agreements with several Asian countries, though some of these economies are highly competitive.

“And in many cases, because of the supply chain nature, they have also provided a pathway for China. Our focus should be on FTAs with economies that are not competitive,” he said.

Previous Story

Rajnath Singh Heads to Australia for Key Defence Talks

Next Story

Piyush Goyal Heads to Doha for Trade Talks

Latest from -Top News

American missionary abducted in Niger

The US Embassy in Niamey issued a security alert warning that American citizens “remain at a heightened risk of kidnapping throughout Niger, including in the capital city”…reports Asian Lite News An American

Ouattara predicted to win fourth term

Around 8.7 million Ivorians were registered to vote, though analysts had predicted a lower turnout compared with the last two elections, when participation slightly exceeded 50%…reports Asian Lite News Votes were being

Russia Fires at EU

Zakharova called the sanctions package “illegal” and “self-destructive”, while accusing Brussels of isolating itself on the international stage…reports Asian Lite News Russia’s Foreign Ministry Spokeswoman Maria Zakharova has slammed the European Union’s

Mamdani Hits Back at Racism

Mamdani criticised rivals for spreading “hatred,” saying their Islamophobia harms him and nearly one million Muslims in New York….reports Asian Lite News New York City mayoral candidate Zohran Mamdani on Friday delivered
Go toTop

Don't Miss

WhatsApp bans 26 lakh bad accounts in India

Under the upgraded IT Rules 2021, major digital and social

Priyanka owns assets worth Rs 12 crore, Robert worth Rs 66 crore

Priyanka Gandhi filed three sets of nominations before the Wayanad