Business • Jul 03, 2025

Finalizing India-US mini trade deal

India and the US are on the verge of wrapping up an interim trade deal, with talks in Washington DC moving fast.
Both sides hope to seal it by July 4-5—just before a big tariff deadline that could bring back steep US duties.
The main focus is on lowering tariffs for each other to keep trade smooth.

TL;DR

Talks are on to strike a balance between tariffs

This deal could make a real difference for jobs and exports in India, especially in sectors like garments and leather that employ millions.
The US wants more access to Indian agriculture and dairy, but India's pushing back to protect rural jobs and food safety.
These talks matter for anyone interested in global business or how international deals shape everyday work opportunities.