US and India Trade Talks Stall Again

Long-running trade negotiations between India and the United States have stalled once more amid new tariff threats and disputes over Russian oil purchases. Officials from both nations continue discussions as upcoming high-level visits approach.

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A mobile crane carries a container at the Thar Dry Port in Sanand in the western state of Gujarat, India, July 15, 2026. REUTERS/Amit Dave

India and the United States have stalled bilateral trade talks again, leaving a final agreement elusive despite a February framework. The impasse comes as Washington weighs potential tariffs of up to 100% over New Delhi's energy imports. The breakdown threatens billions in bilateral trade and risks pressuring the Indian currency close to record lows.

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