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India Seeks to Seal Interim Trade Deal with US This Week

India is rushing to finalize an interim trade deal with the US before the July 9 deadline when tariff reprieve ends in Washington.
This urgency follows the US imposing a 26 percent reciprocal tariff on Indian goods on April 2, which had been suspended for 90 days.
Negotiations face challenges over agriculture and dairy sectors, where India resists opening markets to American GM crops and dairy products due to cultural concerns.
Between January and April 2025, India received 6.31 million tonnes of crude oil from the United States, marking a more than 270% increase compared to the same period the previous year; US crude accounted for 12% of India’s total oil imports in April 2025.
If unresolved by July 9, tariffs could revert to 26 percent, yet both sides aim to conclude a bilateral trade agreement to enhance strategic ties and trade volume.

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Financial Times

Center

India seeks to seal interim trade deal with US this week

Agreement would be among first reached since Donald Trump launched ‘liberation day’ tariffs in April

4 days ago·London, United Kingdom

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The Hindu

Lean Left

U.S. President Trump has very good relationship with PM Modi, trade deal announcement soon: White House

With less than two weeks left before the critical July 9 deadline, both sides are working to finalise the Bilateral Trade Agreement

4 days ago·India

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Hindustan Times

Center

Race against Trump’s deadline? India-US trade deal final push to beat July 9 tariff clock

India and the U.S. are on the verge of finalising a major trade deal—just before Donald Trump's July 9 tariff deadline. With 87% of Indian exports at risk, negotiators are rushing to wrap it up. Trump has called it a “very big deal.” Will this reshape US-India trade and counter China’s influence? Watch to know how both sides are racing the clock for a political and economic win—before higher tariffs take effect.

5 days ago·New Delhi, India

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Firstpost News

Lean Right

US trade deadline looms amid global scramble, Indian team extends Washington stay

Ahead of the deadline of July 9, India and the United States are scrambling to reach a trade deal, but the Donald Trump administration's unwillingness to budge on contentious sectors of dairy and agriculture have more or less stalled talks for now.

5 days ago·Mumbai, India

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