Archive · 29 Jul 2025
US-India Trade Stalls, Tariff Threat Looms as Deadline Nears
India and the US are still trying to make a trade deal, but they haven't agreed yet.
The US might put extra taxes on goods from India if they don't reach an agreement by August.
They are talking about what products each country can sell in the other.
India wants to protect some of its businesses.
Trade talks stalled after fifth round of discussions in Washington.
One of the main things being discussed is tariffs, which could affect how much money India makes from selling goods to the US.
India-US trade talks stalled, potentially leading to US tariffs on Indian imports.
Negotiations focus on market access, with India prioritizing its agriculture and dairy sectors.
A 26% tariff threat from the US looms as an August 1 deadline approaches.
The US trade representative indicated that more negotiations are needed.
India's exports slipped in June due to tariff pressure and soft global demand.
- Who
- US and Indian trade representatives, including Rajesh Agrawal and Jamieson Greer.
- What
- Stalled trade talks between the US and India, with potential tariff implications.
- When
- August 1st deadline for a trade deal.
- Where
- US and India.
- Why
- Disagreements on market access and tariffs.
US Position
India's Position
Market Access
US Position
Wants greater access to the Indian market.
India's Position
India seeks protection for agriculture and dairy sectors.
Tariff Disputes
US Position
Imposing tariffs if no agreement.
India's Position
Requesting relief from higher tariffs
- US Tariff Threat
- 26%
- India's June Exports
- $35.1 Billion
- Indian Negotiator
- Rajesh Agrawal
- US Trade Rep.
- Jamieson Greer
Sources
With resilient overall Q1 growth, Indian economy 'steady as she goes' in FY26: Centre
June Economic Review: From inflation to current account deficit, 5 key highlights
India's Macroeconomic Fundamentals Remained Resilient In FY26: Nirmala Sitharaman
Indian economy has look and feel of ‘steady as she goes’ for FY26: FinMin
India's industrial production rises 1.5% in June, at slowest pace in 10 months
‘Structural change in output and employment needed for higher growth,’ says S Mahendra Dev
Easing inflation widens space for further rate cuts: Finmin June Economic Review
Slow credit growth, weak private capex may hit growth pace: Finance Ministry
FinMin sees room for more rate cuts as inflation remains below RBI’s target
Govt role in building Bharat
Another Rate Cut On The Cards? FinMin Estimates FY26 Inflation To Undershoot RBI’s 3.7% Forecast
India Inc clocks moderate growth in Q1
India's Job Market Thrives: AI & ML Roles Soar by 42% in June, Fresher Hiring Up
Indian real estate sector turns optimistic for future growth amid robust sentiment: Report
Hectic August ahead: From US tariff to GST meeting, 5 big events to watch