India-US trade deal 2026

India-US Trade Deal Postponed; New Global Tariff Framework and West Asia Crisis Reshape Timeline

India-US Trade Deal Postponed; New Global Tariff Framework and West Asia Crisis Reshape Timeline

New Delhi (Gurpreet Singh)— India has deferred the signing of its highly anticipated trade agreement with the United States, originally slated for March 2026. On Monday, Commerce Secretary Rajesh Agarwal clarified that the deal will now be finalized only after Washington clarifies its evolving global tariff architecture. The delay stems from significant legal and structural shifts in U.S. trade policy. According to Agarwal, traditional tariffs under the International Emergency Economic Powers Act are currently in flux following rulings by the Supreme Court of the United States (SCOTUS). As a result, the March deadline is no longer applicable. The "New Tariff…
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India-US Trade Talks Rescheduled Amid US Supreme Court Tariff Ruling

India-US Trade Talks Rescheduled Amid US Supreme Court Tariff Ruling

New Delhi (Rajeev Sharma): New Delhi and Washington have decided to defer a high-level meeting of chief trade negotiators originally slated to begin this week in the United States. The Indian delegation, led by Joint Secretary in the Commerce Ministry and chief negotiator Darpan Jain, was scheduled to commence a three-day session on February 23 to finalize the legal text of an interim trade pact. The decision to postpone comes in the wake of a landmark ruling by the Supreme Court of the United States, which determined that the authority to impose tariffs rests with the US Congress rather than…
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