Brief by Shorts91 Newsdesk / 02:56am on 02 Jul 2025,Wednesday Business
U.S. President Donald Trump said on July 1 that “we are going to have a deal” with India featuring “much less tariffs,” as negotiations intensify ahead of a critical July 9 deadline to prevent a steep 26% tariff on Indian exports . Led by India’s chief negotiator Rajesh Agrawal and Foreign Minister S. Jaishankar, the two sides aim for an interim agreement focusing on low-hanging fruits—excluding sensitive sectors like dairy and GM crops—to ease immediate tariff pressure . The pact is expected to include tariff cuts spanning thousands of products, plus commitments by India to boost U.S. natural gas imports. (PC: Reuters)
