💨 Abstract

Government officials from India and the United States held high-level meetings in Washington to expedite discussions on a proposed bilateral trade agreement, aiming to finalize an interim pact by July 8. India is seeking full exemption from a 26% reciprocal tariff on its goods, currently suspended, while negotiations also cover tariff reductions and duty concessions for various sectors. Washington seeks concessions in industrial goods and agriculture, while India demands concessions for labor-intensive sectors.

Courtesy: theprint.in