
Commerce and Industry Minister Piyush Goyal met with US Secretary of Commerce Howard Lutnick and US Ambassador to India Sergio Gor on February 26, 2026, to discuss expanding bilateral trade and economic ties. The talks occurred amid efforts to finalize the legal text for the first phase of a bilateral trade agreement. This follows a US Supreme Court ruling that invalidated previous sweeping tariffs, leading to a temporary 10% tariff on imports for 150 days. Uncertainty remains over final tariff rates, but both sides expressed commitment to continued dialogue.
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