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    INDIA US TRADE TALKS

    US midterm results may give India trade leverage, but tariff and AI risks remain

    The US midterm results may give India some room in trade negotiations by increasing congressional scrutiny of executive action, but they do not remove tariff risks or alter Washington's strategic priorities. AI investment is also unlikely to retreat, with capital expected to remain within the US rather than shift significantly to emerging markets.

    'Outrageous, ridiculous...': Rubio dismisses Iran's demands, calls negotiations unproductive
    Market may deliver bumper returns by next Diwali as valuations and earnings align, says Raamdeo Agrawal

    Indian equities enter Samvat 2083 on a strong note, with Nifty surging 8.6% last week and reclaiming 25,000. Motilal Oswal Chairman Raamdeo Agarwal cites improving earnings, ₹45,970 crore in FPI inflows, stable currency and easing global pressures as potential drivers.

    ‘US-India security ties lost in tariff row’: John Bolton urges Democrats to Repeal Trump's tariffs
    Iran reviewing proposals on Tehran's nuclear programme, officials say

    Iran is reviewing proposals made by Qatar that aim to address its nuclear program and tensions with the US. As part of these discussions, Iran is demanding certain core conditions be met by the US. The White House acknowledged ongoing discussions but did not comment on the proposed measures. Regional leaders have engaged in diplomatic talks to ease tensions, with emphasis on political solutions.

    Trump's Midterm Defeat: What Changes for India, China and the World? | The Morning Brief Decode
    • US tariff relief unlikely for Indian auto parts makers despite Democrats’ Congress sweep

      Indian auto component makers see little prospect of near-term relief from steep US tariffs despite Democrats gaining control of Congress. President Donald Trump can veto legislation seeking to challenge his trade policies, while overturning that veto requires a two-thirds majority in both chambers. Industry executives see progress in bilateral trade talks as key.

      American midterm results will not have an impact on India-US interim trade deal: Sources

      The Democrats' sweeping victory in the US midterm elections is unlikely to affect the India-US interim trade agreement, as the pact does not require formal Congressional ratification, sources said. However, ongoing Section 301 investigations into forced labour and excess industrial capacity could influence Washington's tariff structure and the finalisation of the agreement.

      Trump's midterm election setback may fast-track India-US trade deal within two months says founder, GTRI

      Ajay Srivastava, Founder of the Global Trade Research Initiative (GTRI) said the election results could push Trump to focus more on trade negotiations and expedite the proposed agreement with India.

      Democrats' US midterm sweep may give India more room to negotiate a balanced trade deal with Trump

      Democrats' takeover of both chambers of the US Congress could ease pressure on India in trade negotiations with the Trump administration, experts said. Greater Congressional scrutiny of tariffs may create opportunities for Indian exporters, although the existing 18% tariff is unlikely to change immediately and the bilateral trade agreement could face delays.

      Ukraine, US, Russia to hold working-level trilateral talks within a week: Zelenskyy

      Ukrainian President Volodymyr Zelenskyy announced upcoming trilateral talks with the US and Russia to discuss the ongoing war. The discussions with US envoys lasted for an hour and a half and focused on security and diplomatic efforts. A significant meeting in Brussels facilitated collaboration on Ukraine's postwar recovery and security guarantees. Meanwhile, Russia continues its attacks on Ukraine, prompting increased mediation from the US.

      India takes calm view of US midterm results, sees bipartisan support anchoring ties

      India is observing the results of the recent US midterm elections with a sense of calmness and stability. The Democrat victory is seen as a move to limit the influence of the Trump administration. India has maintained strong relations with both parties in Congress since 2000 through various sectors.

      Reset will keep India busy as Trump’s midterm loss redraws US politics

      The recent US midterm elections have significant implications for international relations and the economy. Incoming policies may impact trade agreements between India and the US, affecting both countries' economies. Additionally, potential conflicts involving Iran could influence energy prices in India, creating economic uncertainty. The evolving political landscape in Washington will require India to adjust its diplomatic strategies.

      Canada says US midterms won't change trade stance, sees talks with American officials

      A senior Canadian cabinet minister stated that the US midterm election results will not affect trade negotiations. Dominic LeBlanc mentioned he would soon communicate with US officials regarding trade matters. President Trump suggested that a trade deal with Canada is close, but significant work remains. Canadian Prime Minister Mark Carney confirmed that certain US demands have been scaled back.

      US trade deficit contracts slightly in September

      In September, the US trade deficit decreased by 0.6 percent, driven by capital goods imports and strong exports. Imports rose by 1.2 percent to $426.6 billion, primarily fueled by computers and accessories. Additionally, crude oil imports saw a reduction of $1.3 billion during this period. On the other hand, exports climbed by 1.8 percent, reaching $321.5 billion due to oil, food, and capital goods.

      From Iran to trade, how the US midterms impact the rest of the world

      US Democrats' recent midterm election victories could influence global relations, especially concerning Iran and Israel. The potential for a peace deal with Iran seems viable as US voters oppose prolonged conflicts. In Ukraine, Democrats may propose increased financial and military aid, which could face delays. Additionally, Asian countries may reconsider investment pledges to avoid tariffs in light of these outcomes.

      US midterm election results: What Trump & Republicans' loss means for India

      US midterms result: Indian industry and economy watchers were keenly looking at the polls to try and find out what direction US policy will take. In recent months, India's trade/export fortunes have swayed in lockstep with Trump's tantrums, making policymakers jittery over any new development in the US.

      US midterm election results 2026: India sees some trade relief, new risks after US midterm vote

      Indian officials are cautiously optimistic about the recent US midterm election results and their implications. While the election reduces trade tension, it introduces new uncertainties for US-India relations. Analysts suggest it is too early to gauge the long-term effects of these political changes. The potential for increased tariffs still looms due to ongoing investigations.

      Trump's midterm setback may put India under pressure for quick trade deal on US terms: GTRI

      Amid electoral challenges, US President Donald Trump is likely to ramp up pressure on India to seal a trade deal. This potential agreement would require India to decrease import tariffs on US goods while the US keeps its tariffs intact. Analysts caution that such an arrangement may breach WTO MFN principles, undermining India's trade credibility. Additionally, compromising energy security and development aspirations could have serious implications.

      Piyush Goyal holds talks with Danish minister to expand economic partnership

      India and Denmark are actively exploring various opportunities to strengthen their economic engagement and partnerships. The discussions between Piyush Goyal and Martin Lidegaard emphasized collaborative efforts in trade, investment, and industrial cooperation. Approximately 250 Danish companies operate in India, employing over 100,000 individuals while showing strong interest in further investments. Cooperation in renewable energy and wind energy technologies has been a core focus of their partnership.

      Gold firms on softer oil prices, US midterm results awaited

      Gold prices experienced a modest uptick in early Asian markets, spurred by a decline in oil prices that has helped ease inflationary concerns. This shift is shaping investor expectations around potential actions from the Federal Reserve. Attention is also focused on the US midterm election outcomes, which could influence market volatility, while India's gold demand faces a projected six-year low amidst high prices affecting sales.

      Trump set for midterm test: What's in store for India, Iran, Ukraine after November 4?

      US midterm election 2026: American voters' sentiments about rising prices could affect Trump's standing in trade discussions. Congressional control will determine the scrutiny over Trump's actions regarding Iran and Ukraine. India will, however, continue navigating uncertainties in trade relations regardless of the election results.

      US to hold trilateral talks with Ukraine, Russia in Abu Dhabi next week

      Delegations from Ukraine and Russia will meet in Abu Dhabi on November 10-11 for peace talks. The discussions seek to address ending the conflict, post-war security agreements, and humanitarian measures. American negotiators, including Steve Witkoff and Jared Kushner, will represent the U.S. Recent U.S.-mediated talks have aimed at finding a breakthrough before winter arrives. Both sides reportedly remain far apart in negotiating a potential peace deal.

      Iran's Khamenei gives Pezeshkian government ‘certain powers’ for US peace talks: Report

      Iranian President Masoud Pezeshkian announced the Supreme Leader granted the government powers for talks with the United States. Following foreign ministry comments, Iran indicated communication with Washington via mediators is underway. Reports emerged of secret US strikes on Iranian positions to deter aggression in the region. Iran proposed a two-day plan for reopening the Strait of Hormuz while setting conditions for negotiations.

      Araghchi says Iran, Qatar propose reopening Strait of Hormuz within two days if US meets Tehran's conditions

      Iran is currently in talks with Qatari mediators to reopen the Strait of Hormuz in two days. The country's Foreign Minister Abbas Araghchi outlines several conditions related to sanctions and military presence. Tehran insists that these conditions must be met before any negotiations can proceed. Washington's communication with Iran has reportedly shown a positive shift, indicating a possible framework for dialogue.

      Canadian Prime Minister Mark Carney reported a productive discussion regarding a potential trade deal with U.S. President Donald Trump. The conversation aimed to create jobs, lower family costs, and protect Canadian sovereignty. Negotiators from both sides will continue working over the coming weeks toward an agreement. Trade relations remain tense as discussions include U.S. tariffs on Canadian steel and automobiles.

      'Our farmers will pay no tariffs’: Trump says US, Canada have 'concept' of a new trade deal
      India will gain strong comparative advantage after US trade deal: Piyush Goyal

      Union Commerce and Industry Minister Piyush Goyal highlighted India's potential advantages from a trade deal with the United States. He asserted that the agreement would not harm the interests of farmers or any other stakeholders involved. Goyal made these statements during the 4th ISID-IDRA National Conference in Delhi. The trade deal aims to enhance India's economic landscape and strengthen its global standing.

      India-US Trade Facilitation Portal records 3,500 registrations within months of launch: Piyush Goyal

      Around 3,500 registrations have been recorded on the India-US Trade Facilitation Portal since its launch. This platform aims to connect Indian exporters with US-based buyers for improved trade relationships. It is particularly beneficial for micro, small and medium enterprises seeking market expansion.

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