External affairs minister S Jaishankar believes India’s inability to strike a deal with the US has been mainly because both the nations were unable to arrive at a common ground on several issues and this has led to the imposition of tariffs on Indian exports.

“We have issues with the US and big part of it because we have not arrived at a landing ground, the inability to reach there has led to tariffs being levied,” the minister said at the Kautilya Economic Conclave (KEC 2025).

Jaishankar revealed that New Delhi is currently negotiating on 50 percent tariffs imposed on India. However, he said the India’s “red lines have to be respected”.

“There has to be understanding with US, because it's number one market and because a lot of world has reached that understanding,” he added.

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