Brief by Shorts91 Newsdesk / 11:29am on 02 Sep 2025,Tuesday India Global
Commerce Minister Piyush Goyal emphasized India's principled approach to trade negotiations, rejecting deadline-driven agreements with the US. "We never negotiate trade deals with a deadline, we only negotiate good trade deals which are mutually beneficial," Goyal stated. India remains in active bilateral trade agreement discussions with Washington, having completed five negotiation rounds since March. However, talks stalled after the US imposed 50% duties on Indian goods from August 27, causing postponement of the sixth round scheduled for August 25. Separately, Goyal highlighted India's renewable energy leadership, delivering 24-hour clean power at ₹4.60-5 per kilowatt hour, unmatched globally. Solar tariffs have dropped from ₹7-8 to just above ₹2 per unit since 2014.(PC: ET Retail)
