‘Centre in discussions with farmers over Trump tariffs’:Govt tells Rajya Sabha

The government is studying all the developments and remains engaged with the US in the framework of negotiating a bilateral trade agreement (BTA), Parliament was informed on Friday, said news agency, PTI. Govt remains in continuous consultation with farmers: Prasada In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Jitin Prasada said that the government remains in continuous consultation with relevant stakeholders, including farmers, agricultural exporters, industry bodies, ministries/ departments and export promotion councils on issues related to import tariffs imposed by the US. Centre takes inputs from states over Trump tariffs The government has also taken into account inputs received from states on issues related to import tariffs imposed by the US, with a view to safeguarding India s trade interests, he said. Trajectory of India-US BTA The India-US BTA negotiations were launched following the meeting of leaders from both sides in February 2025, where the two countries adopted the “Mission 500” objective of expanding bilateral trade to $500 billion or ₹48 lakh crore by 2030. Negotiations continued through multiple rounds, and the two countries announced a framework for an interim trade deal on February 2, 2026. Following the US Supreme Court judgement dated February 20, 2026, invalidating reciprocal tariffs, the reciprocal tariffs are no longer in force. However, the US government has issued Executive Orders imposing 10 per cent tariffs on certain products from all countries under section 122 of the US Trade Act 197. The government is studying all the developments and remains engaged with the US government in the framework of negotiations for a BTA which includes recent meetings of negotiating team of both sides in Washington, DC (20-22 April), New Delhi (1-4 June), and the recent visit of the US Trade Representative to New Delhi (22-24 June). -Minister of State for Commerce and Industry Jitin Prasada Trump admin imposes 10% tariffs under Sect 301 of Trade Act of 1974 The US on Friday imposed an additional 10% tariff on goods imported from India as part of a wider crackdown on products linked to forced labour. The new duties came into effect on Friday following action ordered by US President Donald Trump. The move was announced by the Office of the US Trade Representative (USTR) after an investigation under Section 301 of the US Trade Act of 1974, which allows Washington to take trade action against countries whose policies are considered unfair or harmful to American businesses.