India-US Trade Talks Hit ‘Plateau’ as Key Differences Persist

Brief By WION / 12:20 PM on 06 Oct 2026

India-US trade negotiations have reached a “plateau,” Finance Minister Nirmala Sitharaman said, citing differences over tariffs, concessions and trade imbalances. She noted Washington wants to reduce its deficit with India and address perceived losses. Sitharaman said negotiations remain ongoing but warned that reaching an agreement could prove difficult if both sides maintain their current positions on key issues.