Brief by Shorts91 Newsdesk / 05:08pm on 01 Jul 2025,Tuesday India Global
India and the US have hit a deadlock in trade talks just days before a July 9 deadline. India refuses to give in to US demands on the dairy sector, calling it a "red line." The dairy industry supports over 80 million small farmers. The US wants lower duties on farm and industrial goods, while India is seeking tariff cuts on exports like textiles and shrimp. Talks have stretched into a sixth day, with India’s top negotiator staying back in Washington. The deal is key to stopping 26% US tariffs from returning on Indian goods. (PC: AFP)