US-India Trade Deal Nears Finalization

  Published 1 year ago

India and the U.S. are in advanced talks to finalize an interim trade deal, potentially announced this month. Discussions center on tariff reductions in agriculture and autos, with India seeking market access and supply chain benefits in return.

  • Tariff cuts discussed for farm & auto sectors.
  • India resists fully opening farm/dairy markets.
  • Bilateral trade reached $129B in 2024.

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