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Business Jun 13, 2025

India-US trade negotiations face challenges

India and the US are in tricky trade talks, each pushing for what matters most to them. The US wants India to open up to things like genetically-modified crops and make it easier for American medical devices and data rules. Meanwhile, India is hoping for relief from US tariffs on steel, cars, and medicines. Both sides want to sort out a temporary deal before July—otherwise, new US tariffs could kick in.

TL;DR

Why the ongoing trade talks are important

What happens next could shape jobs, prices, and business opportunities in both countries. If they can't agree, higher tariffs might make products more expensive or harder to get. These talks are about more than just numbers—they're about how two major economies work together (or don't) on stuff that affects daily life for millions of people.