External Affairs Minister Dr S Jaishankar stated in Washington DC that US-India trade agreement negotiations are underway, handled by Commerce Minister Piyush Goyal following discussions between Prime Minister Narendra Modi and US President Donald Trump, during the reporting window from 3:15:50 AM to 6:15:50 AM UTC on February 5, 2026, according to ANI. Jaishankar noted the matter was not directly under his purview, as it is being managed by Goyal in direct engagement with the US Trade Representative. He referenced announcements from the Modi-Trump conversation, with detailing of trade negotiations proceeding as stated in the ANI report posted within the three-hour period. Jaishankar declined to specify a timeline for the agreement, saying it was hard for him to predict and that Goyal would know better, per the sourced video statement.