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Business Jul 02, 2025

India aims for 20% tariff differential in US deal

India and the US are deep in trade talks right now, with India aiming for a 10-20% tariff advantage over China.
If they pull this off, Indian goods could get a real edge in the American market.
The US, meanwhile, is hoping for more access to India's agriculture and dairy sectors as part of the deal.

TL;DR

India pushes for early trade deal with US

Finishing the deal by July 19 is a big priority for India—it could mean lower tariffs on things like cars and almonds, helping Indian businesses compete globally.
With recent US tariff hikes on Chinese goods, India sees a chance to stand out even more.
If all goes well, this agreement could open up fresh opportunities for trade and investment between both countries.