India 'rejected' US trade deal? Minister reacts to report amid negotiations as Iran war restarts

Published on Jul 13, 2026 07:53 pm IST

Did India reject a proposed trade deal with the United States? A Reuters report claimed New Delhi refused to sign a quick trade pact, seeking better terms on tariffs, agriculture, and market access. However, Union Commerce Minister Piyush Goyal has strongly denied the report, calling it false, baseless, and misleading. He said India and the U.S. remain committed to negotiating a balanced and commercially meaningful agreement. As tariff negotiations continue and the Trump administration prepares new trade measures, here's a detailed look at where India-U.S. trade talks stand, the sticking points, and what it means for businesses and exports.

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