Brief by Shorts91 Newsdesk / 09:28am on 16 Mar 2026,Monday India Global
The government said the India-US trade agreement will be signed only after a new tariff framework is put in place. Commerce Secretary Rajesh Agrawal said the deal will move forward once the United States restores global tariff rates. He spoke during a trade data briefing on Monday. The issue comes after a US Supreme Court ruling struck down some reciprocal tariffs introduced by President Donald Trump. Soon after, Trump announced a temporary import surcharge on goods entering the United States. The levy was first set at 10 percent and later raised to 15 percent. India and the United States are continuing talks on the trade pact. Officials said discussions on tariff details are still ongoing. (PC: HT)
