India, July 1 -- https://tehelka.com/media/2025/06/PM-Modi-dials-Trump-dismisses-any-US-mediation-in-India-Pakistan-ceasefire.jpg
India and the USA are said to be closing in on the trade deal but some sticking points remain, according to those familiar with the developments. Currently, negotiators from the two countries are in the thick of bilateral trade talks aimed at finalising a deal before the US imposes country-specific reciprocal tariffs on imports from 57 countries, including India, starting July 9.
India is pushing for the US to roll back all current and planned retaliatory tariffs, including a 26% reciprocal tariff, comprising a 10% duty that took effect on April 5 and an additional 16% set to begin from July 9.
The interim Ind...