US EditionKey Issues in India_ U.S. Trade Talks Ahead of July 9 Deadline
- On June 26, 2025, President Trump announced a 'very big' trade deal with India during a White House event promoting GOP tax legislation.
- This announcement followed stalled trade talks hindered by disagreements on tariffs for auto parts, steel, farm goods, and the looming July 9 deadline for reciprocal tariffs.
- India seeks rollback of the proposed 26% tariff and relief on existing U.S. steel and auto tariffs, while the U.S. demands deeper cuts on farm goods, cars, and alcoholic beverages.
- India's exports to the U.S. reached $17.25 billion in April-May 2025, up from $14.17 billion the previous year, and the U.S. is India’s third-largest investor with over $68 billion FDI.
- The deadlock reduces chances of an interim deal before the tariff deadline, suggesting focus may shift to a broader agreement and India remains cautious about compromising policy autonomy.
23 Articles
23 Articles
India and US Race Against Time to Finalize Trade Deal Before July 8: GTRI
Get latest articles and stories on Business at LatestLY. India and the United States are in the final stretch of critical trade negotiations, with just days remaining before July 8 deadline that could shape the future of bilateral economic ties, according to Global Trade and Research Initiative (GTRI). Business News | India and US Race Against Time to Finalize Trade Deal Before July 8: GTRI.
Trade talks between India and the US have stalled, due to differences in tariffs on components of automobiles, steel and agricultural products, according to sources from the Indian government.This situation disconcerting the hopes of reaching a provisional agreement before the July 9 deadline set by President Donald Trump to impose reciprocal tariffs. Pressure on the Indian agricultural sector, whose rural economy is significantly dependent on a…
Key issues in India_ U.S. trade talks ahead of July 9 deadline
By Manoj Kumar Key issues in India, U.S. trade talks ahead of July 9 deadline NEW DELHI, - Trade talks between India and U.S. have hit a roadblock over disagreements on duties for auto component, steel and farm goods, Indian government sources said, dashing hopes of reaching an interim deal ahead of President Donald Trump's July 9 deadline to impose reciprocal tariffs. Here are the key issues at play: HURDLES TO A TRADE DEAL India's dependence o…
India-US trade talks hit roadblock over tariffs ahead of Trump’s July 9 deadline
Trade talks between India and the US have hit a roadblock over disagreements on import duties for auto components, steel and farm goods, Indian officials with direct knowledge said, dashing hopes of reaching a deal ahead of President Donald Trump's July 9 deadline to impose reciprocal tariffs.
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- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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