India-U.S. trade talks hit roadblock over auto, steel, farm tariffs; no deal before Trump's July 9 deadline.

• India seeks tariff cuts on almonds, energy, and autos; U.S. demands farm goods and non-tariff concessions.
• Both sides aim for a long-term partnership, with $500B trade target by 2030 despite the current impasse.
• India may absorb U.S. tariffs, citing a competitive advantage over China, Vietnam.