India's Finance Minister Says Trade Talks With Washington Have Reached a Plateau

Nirmala Sitharaman said moving beyond the current point would be "very, very difficult" for both sides, a week after the U.S. trade representative said no deal was imminent.

By Marcus Elrod

Oct 6, 2026 · 2 min read

India's finance minister said Monday that trade negotiations with the United States have reached a plateau, the clearest signal yet from New Delhi that a near-term agreement is unlikely.

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Marcus Elrod

Marcus tracks positioning, flows and rates. He writes CI's weekly market internals column.

Marcus Elrod writes for Corporate Insider Inc.

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