India, US hold trade talks amid tariff row

India Sep 23, 2025

India's Foreign Minister S Jaishankar and Commerce Minister Piyush Goyal just met top US officials in New York during the 80th UN General Assembly.
The talks come after the US imposed a steep 25% tariff on Indian oil imports from Russia.

Why it matters

This matters because the US is India's biggest trading partner—almost one-fifth of India's exports head there in 2024-25.
Both sides are trying to sort out trade tensions and finalize a big deal by late 2025 that could double their trade to $500 billion by 2030.
They're also tackling issues like high H-1B visa fees, which impact Indian professionals.
With global politics and economics shifting fast, these negotiations could shape jobs, tech access, and opportunities for young people in both countries.