New Delhi, June 30 -- India and the US are negotiating an interim deal within the legally binding framework of a bilateral trade agreement unlike the non-binding nature of the recently concluded US-UK Economic Prosperity Deal, hence New Delhi wants Washington to simultaneously withdraw all punitive tariffs, including the 26% retaliatory levies, people in the know said. The two partners are intensely engaged in finalising an early harvest deal before July 9 that primarily involves tariff and non-tariff matters as per mutually agreed terms of reference. P14
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