US commerce secretary, India minister discuss trade days after Trump's tariffs are struck down - VOUX MAG

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Thursday, February 26, 2026

US commerce secretary, India minister discuss trade days after Trump's tariffs are struck down

US commerce secretary, India minister discuss trade days after Trump's tariffs are struck down

NEW DELHI, Feb 26 (Reuters) - India's Trade Minister Piyush Goyal discussed trade and economic partnership ‌with U.S. Commerce Secretary Howard Lutnick over lunch ‌in New Delhi on Thursday, Goyal said in a post on ​X, days after President Donald Trump's sweeping global tariffs were invalidated.

Reuters

Earlier this week, Goyal said two-way trade talks would resume once there was more clarity, signaling India's ‌intent to pursue ⁠a deal with Washington despite Trump's weakened legal authority on tariffs.

"A highly productive ⁠lunch ... so many areas of cooperation for our two nations!", the U.S. envoy to India Sergio Gor said ​in a ​separate post on X, ​with a picture of ‌himself with Lutnick and Goyal.

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Lutnick is on a personal visit to India, an Indian trade ministry official said.

Since the Supreme Court order, Trump has announced a temporary 10% duty on all nations, including India, ‌and promised to raise it ​to 15% - the maximum allowed ​under the statute ​he has resorted to.

Prior to the ruling, ‌both countries had agreed on ​a framework ​for Washington to cut tariffs on India to 18% from 50% - a rate that previously included ​a 25% punitive ‌tariff for New Delhi's Russian oil purchases.

(Reporting ​by Shilpa Jamkhandikar, Manoj Kumar and Shivangi Acharya; ​Editing by YP Rajesh)