India, US begin talks on interim trade deal
India and the United States have initiated three days of in-person discussions to finalize an interim bilateral trade agreement. The negotiations aim to establish a tariff structure that provides India with a competitive advantage in the U.S. market. An outcome is anticipated by June 4, following nearly a year of negotiations and a recent Supreme Court ruling affecting tariff policies.
- ▪Negotiating teams from India and the U.S. began discussions on an interim bilateral trade agreement on June 3, 2026.
- ▪The U.S. is working on a new tariff architecture to benefit Indian goods over those from competing countries.
- ▪The interim deal is expected to open a $30 trillion market for Indian exporters, particularly in labor-intensive sectors.
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India, US begin talks on interim trade dealOn February 7 this year, the two countries reached a framework for an interim agreement after negotiations that lasted almost a year.Updated on: Jun 03, 2026 7:14 AM ISTBy Rajeev JayaswalShare viaCopy link Negotiating teams of India and the United States on Tuesday launched their three-day in-person discussions to finalise an interim bilateral trade agreement (BTA) with Washington seeking greater market access and New Delhi demanding comparative duty advantage for its goods in the American market, people familiar with the matter said.Negotiations are progressing in the right direction in New Delhi and some outcome is expected by June 4, said people familiar with the matter.
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