U.S. trade deal: India still aiming for July deadline

India Expects Mini Trade Deal with US

• India plans to announce a’mini’ trade deal with the US in a day or two.

• US President Donald Trump has extended his tariff pause until August 1.

• India will not proceed if the deal specifics don’t suit its interests.

• Trump has sent letters to 14 countries threatening higher tariffs from August 1 to address trade deficits.

• Liberation Day tariffs, announced on April 2, applied to almost all countries, including a 26% tariff on Indian imports.