23-February-2026
Economy News
 
India-US trade deal in limbo, planned meeting of negotiators postponed after US SC tariff ruling: Report
23-Feb-2026

India and the US have decided to reschedule a planned meeting of their chief negotiators in Washington that was meant to finalise the legal text of an interim trade pact, news agency PTI reported via sources. This development came after the US Supreme Court ruled that the tariffs imposed by President Donald Trump‘s administration under International Emergency Economic Powers Act (IEEPA) as illegal. The Indian delegation was earlier set to start a three-day meeting from February 23. India’s chief negotiator is Darpan Jain who is the Joint Secretary in the Commerce Ministry. Ministry sources told PTI that both sides want the visit “scheduled after each side has the time to assess the latest developments and their implications” and that it will be reset for a mutually convenient date.

News Source:- https://www.financialexpress.com/business/news/india-us-trade-deal-in-limbo-planned-meeting-of-negotiators-postponed-after-us-sc-tariff-ruling-report/4151242/?ref=hometop_hp