India, US will continue working together to finalise a mutually beneficial trade agreement between the two nations, a statement by the Ministry of Commerce, mentioned on Friday.

The announcement comes after a delegation led by Commerce and Industries Minister, Piyush Goyal visited the US from September 22-24, as India navigates 50% tariffs slapped by Trump on India.

Trump tariffs

Trump imposed a total of 50% tariffs on all goods imported from India, on top of the pre-existing 10% baseline import duty on any good imported into the Western nation.

The latest round of US tariffs, a 25% import duty, was imposed on India via an executive order dated 6 August 2025. These additional tariffs came into effect from 27 September 2025.

Before the additional tariffs, Trump imposed a 25% tariff o

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