Piyush Goyal: 5 Rounds of US Trade Talks Positive, India Not Rushing

Economy
C
CNBC Awaaz•11-12-2025, 18:36
Piyush Goyal: 5 Rounds of US Trade Talks Positive, India Not Rushing
- •Commerce Minister Piyush Goyal stated his current US visit is not for trade talks, but five rounds of discussions have occurred in a positive atmosphere.
- •Goyal indicated India is not in a hurry to finalize a trade deal with the US.
- •The Commerce Ministry distanced itself from the Chief Economic Advisor's (CEA) recent statement suggesting a US trade deal could be finalized by March 2026.
- •India is focusing on an agreement to remove additional duties and will not compromise on issues like the agriculture sector.
Why It Matters: India-US trade deal talks are positive, but India won't rush, affecting market expectations.
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