US EditionTrump Says US Could Reach Trade Deal with India, Casts Doubt on Deal with Japan
- India and the United States are negotiating a bilateral trade agreement in Washington, aiming to finalize an interim deal before the July 9 deadline in the next 48 hours.
- The discussions come after a 90-day halt to the 26 percent reciprocal tariffs that the Trump administration introduced on April 2, which will be reinstated if no deal is finalized.
- A major sticking point involves the US pushing for access to India’s agricultural and dairy markets, which India resists to protect the well-being of its farming communities, ensure food safety, and uphold its ban on genetically modified crops.
- President Trump expressed optimism about a deal, promising reduced tariffs, while Indian negotiators propose lowering average duties from 13 percent to 4 percent in exchange for tariff exemptions.
- Failure to conclude talks would trigger reinstatement of the 26 percent tariffs, impacting trade, but both countries remain hopeful for a successful interim agreement ahead of the deadline.
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India‑US ‘mini trade deal’ in 48 hours? Can the two nations reach a common ground before July 9 tariff deadline?
India-US Trade Deal: As the deadline for suspended tariffs looms, India and the US are in the final stages of negotiating a trade deal that could reshape bilateral relations. With both sides holding firm on key issues, the outcome remains uncertain as they strive for a mutually beneficial agreement.
·New Delhi, India
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Coverage Details
Total News Sources61
Leaning Left6Leaning Right12Center10Last UpdatedBias Distribution43% Right
Bias Distribution
- 43% of the sources lean Right
43% Right
L 21%
C 36%
R 43%
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