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India, US close to finalising 'early tranche' of trade deal

IndiaTimes Sunday, 15 June 2025 ()
India and the US are nearing completion of the initial phase of a bilateral trade agreement, aiming to finalize the text before July 9. India is considering concessions on agricultural products and automobiles in exchange for a 10% duty on labor-intensive goods like textiles and footwear.
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Video Credit: Oneindia - Published
News video: India Battles to Seal US Trade Deal Before Trump's July 9 Tariff Deadline:Jaishankar's Fierce Speech

India Battles to Seal US Trade Deal Before Trump's July 9 Tariff Deadline:Jaishankar's Fierce Speech 03:22

 India is racing against time to seal a crucial trade agreement with the United States before the 90-day pause on reciprocal tariffs ends on July 9. External Affairs Minister S. Jaishankar, currently on a visit to Europe, revealed that talks had been ongoing even before Donald Trump’s dramatic...

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