Brief by Shorts91 NewsDesk / 12:21pm on 21 Jul 2025,Monday India Global
The US trade team will visit India in August for the next round of negotiations on a proposed bilateral trade agreement. The fifth round concluded in Washington last week, with key discussions on agriculture, automobiles, and SCOMET items. India seeks tariff relief on steel, aluminium, and autos, while the US demands concessions on industrial goods, EVs, wines, and agri-dairy products. India remains firm on dairy duties and aims to protect farmer interests. Both sides are targeting an interim pact before August 1, ahead of Trump’s suspended tariffs deadline. The full agreement is expected by fall. India’s exports to the US rose 22.8% in Q1 FY26, reinforcing trade momentum. (PC: Reuters & The Telegraph)
