Taking stock of US shutdown impact on trade talks: Goyal

The government is taking stock of the impact of the US government shutdown on trade negotiations with the Donald Trump administration, and expects to gain clarity on the way forward within a week, Union Minister of Commerce and Industry Piyush Goyal said on Wednesday on the sidelines of Global Fintech Fest 2025.

- SUBRATA PANDA

The US entered into a shutdown on October 1 as Republicans and Democrats could not agree to pass a Bill funding government services into October and beyond. The shutdown currently underway is the fourth-longest.

Last month, from September 22 to 24, Goyal led a delegation to New York where India and the US discussed and exchanged views on the “possible contours” of a trade deal. During the visit, Goyal met his counterpart Jamieson Greer, the US Trade Representative, as well as Sergio Gor, the US ambassador-designate to India. Goyal was accompanied by senior commerce department officials, including special secretary and chief negotiator Rajesh Agrawal.