India & US may finalise interim trade deal by June 25 ahead of Donald Trump’s tariff deadline
Wednesday, 28 May 2025 () India and the US are aiming to finalize an interim trade agreement by June 25, potentially leading to a broader bilateral trade agreement before autumn. Discussions are progressing, with Indian officials recently engaging in trade talks in Washington. India seeks relief from the 26% reciprocal duty, while the US wants tariff reductions on various products.
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India is seeking the elimination of the 26% reciprocal tariff and duty-free entry for labor-intensive export items such as textiles and footwear in the US. Zee News
Wednesday, 28 May 2025 ()
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