Commerce and Industry Minister Piyush Goyal on Thursday met US Commerce Secretary Howard Lutnick and Ambassador Sergio Gor to discuss ways to expand the trade relationship between India and the US.Goyal confirmed the talks in a statement on X, confirming discussions about business expansion. "We hosted US Secretary of Commerce Howard Lutnick and US Ambassador to India Sergio Gor. We engaged in very fruitful discussions to expand our trade and economic partnership.”Gor also called the meeting "productive,” adding, "A highly productive lunch…so many areas of cooperation for our two nations!”Earlier this week, Goyal had said trade talks between the two countries would resume once there was greater clarity, after the US Supreme Court invalidated President Donald Trump’s tariffs.India and the United States agreed in early February on an initial framework to reduce US tariffs on Indian exports from 50 percent to 18 percent. In return, India indicated plans to buy US products worth $500 billion over five years. The agreement aimed to formalize a first phase while discussions continued towards a broader bilateral trade agreement. However, the US Supreme Court recently invalidated Trump’s emergency tariffs, creating more negotiating space for India. In response, India postponed a planned delegation trip to Washington that was aimed at finalizing the interim agreement, although it is not reconsidering the agreement itself. Analysts note that India can now push for safeguards against future unilateral judicial or tariff actions, while also seeking to maintain trade ties and manage domestic energy and economic priorities. Trump has signaled that the United States will continue to charge India tariffs and called the deal “fair” under his revised approach. Finance Minister Nirmala Sitharaman has called it premature to comment on the full impact of the ruling, while Indian officials are cautiously assessing next steps to protect trade interests without disrupting bilateral relations.
