ADVERTISEMENTs
Indian officials extend US visit to iron out trade deal, sources say
Trade talks between India and the U.S. have hit roadblocks over disagreements on import duties for auto components, steel, and farm goods, ahead of Trump's July 9 deadline to impose reciprocal tariffs.
-
Reuters - Mon, 30, Jun 2025
- 11:20 EDT
- 20
FILE PHOTO: India's Finance Minister Nirmala Sitharaman speaks at an event in Mumbai, India, November 18, 2024. / REUTERS/Francis Mascarenhas/File Photo
Officials from India will extend their Washington visit to try to reach agreement on a trade deal with U.S. President Donald Trump's administration and address lingering concerns on both sides, two Indian government sources said on June 30.
Trade talks between India and the U.S. have hit roadblocks over disagreements on import duties for auto components, steel, and farm goods, ahead of Trump's July 9 deadline to impose reciprocal tariffs.
Also Read: Deadline Diplomacy: U.S.-India Trade Talks Press On Under Skewed Terms
The Indian delegation had been expected to conclude discussions by June 27, but was staying on until at least June 30 evening to iron out differences and move towards an agreement, officials said, declining to be named as the discussions are private.
"There are certain disagreements over opening up the agriculture and dairy sectors, though India has offered tariff concessions on 90 percent of tariff lines. A final call will be taken by the political leadership of the two countries," one of the government sources said.
"The Indian delegation could stay for another one to two days if discussions continue," the second source said.
India's commerce ministry and the U.S. Trade Representative Office did not immediately respond to requests for comment.
Agriculture and dairy are "big red lines" for India in its ongoing trade negotiations with the U.S., Finance Minister Nirmala Sitharaman told the Financial Express newspaper in an interview published on June 30.
"Yes, I'd love to have an agreement, a big, good, beautiful one; why not?" Sitharaman said, adding that an early conclusion of the trade deal would serve India better.
Trump said last week that America was going to have a "very big" trade deal with India, but gave no details.
Related
.jpeg)
.JPG)
.png)
.JPG)
.png)
.jpeg)
ADVERTISEMENT
ADVERTISEMENT
E Paper
Video
Comments
Start the conversation
Become a member of New India Abroad to start commenting.
Sign Up Now
Already have an account? Login