India’s team, who went to America for the India-Rus Trade Deal between India and America, has returned. The Indian party led by the chief negotiator Rajesh Aggarwal has returned from Washington after completing another round of talks on the interim trade agreement, but the discussion will continue. The official said that many issues such as agricultural and auto have not been agreed, so the discussion will continue.
The official said that talks are in the final stages and its decision is expected to be announced before July 9. He said that however, there is a need to resolve issues regarding agriculture and auto sectors right now. The Indian team went to the US for talks on the interim trade agreement with the US from 26 June to 2 July.
These discussions are important because Tariff deadline of Trump ends on 9 July. Both sides are considering finalizing the talks before that. India has tightened its stance on giving fees concessions to US agriculture and dairy products and does not want to make any kind of compromise on it, as it is a strategically sensitive field, which can be like a major setback when India’s deal.
India’s strict attitude
The Indian trade compromise party has come back at a time when Trump announced a few days ago that India is going to make a huge cut in tariffs and is opening its market for America. At the same time, it was also reported that India can deal within 48 hours. However, now this step of India shows its strict attitude. India does not agree on many things and is denying America’s demand.
India sent a message to WTO regarding tariff
India has raised the issue on 25 percent fee in the auto sector. It has taken up the matter in the Security Committee of the World Trade Organization (WTO). India has also told WTO that it has reserved the right to reply on selected American products in response to American tariffs on steel and aluminum. A message sent by India to WTO said that on March 26, 2025, the US has taken a measure in the form of 25 percent tariff growth on the import of passenger vehicles and light trucks and on some automobile parts in India or from there.
What does America want from India?
America also wants fees on agricultural goods such as some technologies products, automobiles, electric vehicles, wine, petrochemical products and apples, tree nuts and genetically modified crops. At the same time, he wants to deal with India about dairy, but India has not yet dealing with it.
What concession does India want from America?
The India wants fees for sectors like textile, gems and jewelery, leather goods, apparel, plastic, chemicals, shrimp, oilseeds, grapes and bananas under the proposed trade agreement.
If not agreed…
The way both countries are not able to reach any way with Agri, Auto and other sectors. In such a situation, the question arises that after all, what option will be saved for these two countries again. Some experts are saying that if there is no consensus, then there may be a mini trade deal between these two countries, in which the deal can be completed on the rest except the disputed areas.
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