US EditionEAM S Jaishankar: India Hopeful of Trade Deal with US Before July 9 Tariff Deadline
- India aims to complete a bilateral trade deal with the United States prior to the expiration of the 90-day tariff suspension on July 9, 2025.
- Negotiations gained momentum following the US announcement of a 26 percent tariff on Indian products on April 2, which was then temporarily suspended for 90 days until July 9.
- Trade talks focus on initial, easily achievable issues while addressing tariffs on steel and aluminium, non-tariff barriers, and US concerns over Indian procurement policies.
- Bilateral trade between the two nations amounts to $190 billion with a US trade deficit of $45 billion, and leadership aims to more than double this to $500 billion.
- If finalized before July 9, the deal could ease tariff tensions and strengthen economic ties, but India remains cautious on sensitive sectors like agriculture and awaits clarity on US tariff policies.
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India-US trade pact likely to miss 'Fall' deadline, New Delhi seeks clarity on Trump's policy
As Indian and the US trade representatives negotiate the initial trenches of a bilateral trade agreement. Here's the reason why both nations might miss the fall deadline in finalising a deal
·Mumbai, India
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Total News Sources15
Leaning Left2Leaning Right5Center2Last UpdatedBias Distribution56% Right
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- 56% of the sources lean Right
56% Right
L 22%
C 22%
R 56%
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