India’s strategy to counter the US’s damaging tariffs is to finalize a trade agreement with President Donald Trump’s government, Foreign Minister Subrahmanyam Jaishankar said.

U.S. Secretary of State Marco Rubio and Indian Foreign Minister Subrahmanyam Jaishankar held a call on Monday to discuss U.S. tariffs on India and how to make progress towards a "fair and balanced trade relationship,

External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio spoke of advancing the trade talks between the two nations after Donald Trump's reciprocal tariffs shook global markets. India hopes a bilateral trade agreement will ease tensions as exports risk a $5.