- Indian Finance Minister Nirmala Sitharaman revealed India's strong desire for a “big, beautiful” trade deal with the US, even as negotiations face challenges.
- A critical 9 July deadline approaches, after which the US could impose additional tariffs of up to 26 per cent on Indian goods.
- India has established clear red lines in the Bilateral Trade Agreement talks, primarily concerning the protection of its agriculture and dairy sectors.
- Trump has accused India of being a “tariff king” and seeks greater market access for its agricultural exports, while India defends its tariffs as necessary and WTO-compliant.
- Negotiators have extended their discussions in Washington, indicating efforts to bridge differences and secure an agreement before the deadline.
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