US-India Trade Talks and Tariffs... Good News or Bad, and for Whom?

Posted by: Doug Bruhnke - Global Chamber on Monday, May 26, 2025

Gunjan Bagla gave a magnificent summary of the situation with trade between India and US, including the opportunities at the monthly Export-Import Forum at Global Chamber®, moderated by Anita Rodal.

India and the U.S. are moving closer to a trade deal. Commerce Minister Piyush Goyal recently completed a four day trip to Washington, meeting his counterpart Howard Lutnick, Commerce Secretary, and meeting Jamieson Greer, the U.S. Trade Representative.

In addition to these latest meetings, Gunjan spoke more strategically about challenges and opportunities, and watch the conversation HERE.

Gunjan mentioned that India expects a three stage process:

 - Step one could cover topics including market access for industrial goods, some farm products and addressing non-tariff barriers.

 - The second stage may be broader and more detailed, and timed for around September when Prime Minister Narendra Modi could be expected to visit the US, per his normal pattern.

 - The final leg of the deal will likely be a comprehensive agreement that would follow once there’s approval from the US Congress.

We encourage you to watch this update from Gunjan!

Doug Bruhnke - Global Chamber®

Speakers

Anita Rodal - Founder/President at SBPI Services, Inc.
 
Anita Rodal is the founder and president of SBPI Services, which represents two of the world’s oldest and largest non-bank currency exchange companies. Their focus is to help global companies lower the cost and rate-fluctuation risk of their cross-border payments.
 
Anita is also a corporate trainer and public speaker. She has spoken at conferences in the US, Mexico, and Spain. Her webinar, ‘About Your Elevator Pitch’ is designed for sales and marketing professionals who need to improve their 30-second B2B elevator pitches. Anita also offers private pronunciation coaching, via Skype, for non-native English speakers who want to reduce their accents.

 

Gunjan Bagla, MBA - CEO, India Practice at Amritt, Inc.
 
For over 20 years Gunjan Bagla has been helping major clients leverage the opportunities and overcome the challenges of doing business with India. He collaborates with C-level executives to manage full-spectrum India market engagement projects, from prospecting, to sale, to delivery and execution.
 
In addition to his expertise in conducting primary market research, hiring top executives, managing global manufacturing and supply chain, negotiating distribution and joint venture deals, outsourcing global engineering, and establishing and operating offshore R&D centers, Gunjan also coaches clients on how to deal effectively with Indian counterparts and culture. 

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