INSUBCONTINENT EXCLUSIVE:
to reach an agreement before steep tariffs kick in.Trump had first announced 27% tariffs on Indian goods in 2 April as part of a wider trade
While the tariffs were initially paused until 9 July, the US later extended the deadline to 1 August.An Indian delegation is in the US this
week for discussions on the agreement, Reuters reported, citing sources in the Indian government.Last month, a team of Indian officials
extended their stay in Washington for another round of talks, raising questions about what was holding up the agreement.Both sides have
sounded optimistic about the deal
agreement.Suggesting that the deal with India was following a similar track to a recent agreement with Indonesia, where Jakarta granted full
However, a couple of weeks ago, he had cautioned that India did not negotiate trade agreements based on deadlines and would only enter deals
that served its national interest.While the two sides have been negotiating for months, key sticking points persist, particularly over
seeing it as a major untapped market
But India has fiercely protected it, citing food security, livelihoods and interests of millions of small farmers.Until recently, the US was
Trump and Modi have set a target to more than double this figure to $500bn.India has already reduced tariffs on a range of goods - including
reduce.Meanwhile, Trump has recently renewed his aggressive tariff plans from earlier this year
He has issued warning letters to dozens of countries, signalling his intent to impose steep tariffs starting 1 August.The list of targeted
