Next Article
Business
•
Jun 27, 2025
Indian delegation arrives in Washington for trade discussions
India's top trade team is in Washington, trying to lock in a major interim deal with the US before a July 9 deadline.
At stake: whether a steep 26% tariff on Indian goods—paused for now—will kick back in, or if both sides can agree on friendlier terms.
TL;DR
What's on the table?
If talks fall through, Indian exports like textiles and leather could get hit hard, risking jobs and higher prices.
The US wants more access for its farm goods, cars, and alcohol, while India is pushing to protect its dairy sector and avoid extra tariffs.
Both countries are hoping this deal will set the stage for much bigger trade growth by 2030—so what happens now could shape how you shop (and what things cost) down the line.