AssetID: 54837001
Headline: UNCAPTIONED: India Eyes Trade Deal with US Before July Tariff Deadline
Caption: India Eyes Trade Deal with US Before July Tariff Deadline. India is optimistic about finalising a trade agreement with the United States before the current tariff truce expires on 9 July. Speaking during a European visit, Foreign Minister S. Jaishankar said talks were already in motion before President Trump announced steep new tariffs in April — some as high as 27% on Indian goods. Jaishankar noted that Prime Minister Modi and President Trump agreed earlier this year to expand market access on both sides, and that negotiations are progressing. A US delegation met with Indian trade officials in Delhi this week, and sources describe the discussions as constructive, with early signs of progress. India has already lowered tariffs on items like Bourbon and motorcycles, but tensions remain over the US’s $45 billion trade deficit. While both leaders aim to boost bilateral trade to $500 billion, India is unlikely to budge on key sectors like agriculture. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,India,United States,US,President Donald Trump,Prime Minister Modi,Foreign Minister,S. Jaishankar,talks,in motion,tariffs,trade agreement,reached,current truce,expires,9 July,Indian goods
PersonInImage: