‘India Negotiates from Strength’: Where Does 18% US Tariff Put New Delhi Against Global Rivals

Union Commerce and Industry Minister Piyush Goyal on Friday outlined India’s evolving trade framework at the ET NOW Global Business Summit (GBS) 2026, asserting that New Delhi now negotiates from a position of strength and shapes global agreements on its own terms. Delivering the keynote address, Goyal said India’s recent free trade agreements (FTAs), particularly the recalibrated trade understanding with the United States, signal a structural shift in how the country engages globally. According to him, the new tariff framework places India in a stronger competitive position compared to several Asian peers. After months of negotiations, India and the US…