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Ball in Washingtons court on India-US interim trade agreement before July 9: Sources

INDIA, JUL 6 – India and the US aim to finalize an interim trade agreement addressing tariff exemptions and duty concessions before US tariffs take effect on August 1, impacting $131.84 billion in trade.

Summary by Live Mint
Ball in Washington's court on India-US interim trade agreement before July 9: Sources

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The US had imposed an additional 26% reciprocal tariff on Indian products on April 2 this year, which President Trump later temporarily suspended for 90 days, with the next deadline set as July 9. The US's 10% baseline tariff is still in effect.

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Bias Distribution

  • 67% of the sources lean Right
67% Right
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Live Mint broke the news in New Delhi, India on Sunday, July 6, 2025.
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