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US-India trade talks stall as India questions focus on reducing trade imbalance

Market News
05 Oct 2026
CNBC
View Source
Neutral
US-India trade talks stall as India questions focus on reducing trade imbalance

India's Finance Minister Nirmala Sitharaman said trade negotiations with the U.S. have plateaued, highlighting challenges in finalizing a deal focused mainly on reducing the trade imbalance. The U.S. wants to increase exports to India to address a $58.42 billion trade deficit, while India seeks preferential tariffs to boost its exports to the U.S. Both sides risk losing out if no agreement is reached, with tariffs and market access remaining key issues. Talks continue but progress appears limited as both countries weigh their priorities.

India's trade impasse with the U.S. provides context for Pluang's Industrials sector snapshot as of Oct 06, 2026 07:41 WIB: Among 93 priced US Industrials stocks, 40 rose and 50 fell today. Notable movers include Byrna Technologies Inc (BYRN) at USD 3.65 with a 1-day change of +4.74% and a typical hold time of 16 days, Redwire Corporation (RDW) at USD 10.48 down 3.68% with 84% buy order activity, and Enovix Corporation (ENVX) at USD 2.70 down 3.57% with 100% buy order activity and an 11-day typical hold time.

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