Diplomatic Dialogue: A New Chapter in US-India Trade Relations
External Affairs Minister S Jaishankar met US Secretary of State Marco Rubio at the UN General Assembly, amid tensions over tariffs on Indian acquisitions of Russian oil. The discussions aim to expedite a trade agreement as India and US leaders engage in high-level bilateral meetings.
External Affairs Minister S Jaishankar engaged in bilateral discussions with US Secretary of State Marco Rubio at the outset of the UN General Assembly's 80th session.
This crucial face-to-face meeting, held at Lotte New York Palace, comes in the wake of President Donald Trump's decision to impose an additional 25% tariff on India for its purchase of Russian oil. This development has raised the levies on India to a considerable 50%.
Concurrent with these talks, Union Commerce Minister Piyush Goyal leads a delegation aiming for an expedited trade agreement with the US as both nations strive for a mutually beneficial resolution. Positive dialogues are anticipated as the UNGA sessions progress.
(With inputs from agencies.)
ALSO READ
Ukrainian Strikes Target Russian Oil Facilities
Ukrainian Drone Sparks Fire at Russian Oil Refinery
Ukraine's Strategic Strike: Impact on Russian Oil Infrastructure
Wall Street's Resilient Year: AI Boom and Trump Tariffs Shape Markets
Wall Street's Year-End Finale: Navigating Tariffs and AI Euphoria

