India Seeks Full Exemption From 26% Reciprocal Tariffs In Interim Deal With U.S.

India and the United States are in the final stages of negotiating an interim trade agreement, aiming to conclude it before July 8, 2025, to avert the imposition of an additional 26% reciprocal tariff by the US on Indian goods. This tariff, announced by the US on April 2, was suspended for 90 days and is set to take effect from July 9 if no deal is reached. Alongside the suspended 26% tariff, a
India and the United States are in the final stages of negotiating an interim trade agreement, aiming to conclude it before July 8, 2025, to avert the imposition of an additional 26% reciprocal tariff by the US on Indian goods. This tariff, announced by the US on April 2, was suspended for 90 days and is set to take effect from July 9 if no deal is reached. Alongside the suspended 26% tariff, a
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