The Central government has said it is holding regular consultations with farmers, agricultural exporters, industry representatives, and state governments to assess the impact of tariffs imposed by the United States and to safeguard India's trade interests.

Responding to a question in the Rajya Sabha on Friday, Minister of State for Commerce and Industry Jitin Prasada said the government is closely monitoring recent developments while continuing negotiations with the US on a proposed Bilateral Trade Agreement (BTA).

Government Consulting Key Stakeholders

In a written reply to Parliament, Prasada stated that the Centre remains in continuous dialogue with stakeholders affected by US import tariffs.

According to the minister, consultations are being held with:

• Farmers and farmer organisations
• Agricultural exporters
• Industry associations
• Export promotion councils
• Concerned ministries and departments
• State governments

He said inputs received from these groups are being considered to ensure India's commercial and agricultural interests are protected during trade negotiations.

India-US Trade Talks Continue

The minister informed Parliament that discussions on the proposed India-US Bilateral Trade Agreement remain active.

Negotiations began after the meeting between Indian and US leaders in February 2025, when both countries announced the "Mission 500" initiative, aiming to increase bilateral trade to $500 billion by 2030.

Since then, both sides have held multiple rounds of negotiations.

Key meetings have taken place in:

• Washington, DC (April 20–22, 2026)
• New Delhi (June 1–4, 2026)
• New Delhi during the visit of the US Trade Representative (June 22–24, 2026)

Prasada said the government continues to engage with US officials to move the negotiations forward.

Interim Trade Framework Already Announced

The two countries announced a framework for an interim trade arrangement on February 2, 2026, as part of ongoing efforts to strengthen economic ties.

The minister noted that the proposed Bilateral Trade Agreement is expected to deepen cooperation across several sectors while addressing market access concerns for both countries.

US Tariff Developments

Prasada also referred to recent developments in US trade policy.

He noted that a US Supreme Court judgment dated February 20, 2026, invalidated the reciprocal tariffs that had previously been imposed, meaning those measures are no longer in effect.

However, the US administration has continued to impose tariffs under separate legal provisions.

According to the government, the United States has issued Executive Orders imposing 10% tariffs on certain imported products under Section 122 of the US Trade Act of 1974.

Separately, the Office of the US Trade Representative (USTR) announced an additional 10% tariff on certain imports from India following an investigation under Section 301 of the US Trade Act of 1974. The US administration said the action was part of a broader initiative targeting products allegedly linked to forced labour concerns.

Government Monitoring Impact

The Centre said it is carefully studying the implications of these measures on Indian exports and domestic industries.

Officials indicated that protecting farmers, exporters, and businesses remains a priority while negotiations with Washington continue.

The government reiterated that it will continue engaging with stakeholders and pursue a balanced trade agreement that safeguards India's economic interests while expanding bilateral trade with the United States.