https://www.taxtmi.com/news?id=48047 Negotiations aim to secure an interim trade agreement to avert reinstatement of an additional reciprocal tariff. India resists duty concessions in agriculture and dairy due to political sensitivity and smallholder subsistence farming, while the US seeks concessions on agricultural, dairy and certain industrial goods. India seeks concessions for labour intensive sectors such as textiles, gems and jewellery, and leather goods. Talks are phased toward a broader bilateral trade agreement, with delegations extending their stay and continuing in person and virtual negotiations to balance tariff suspension mechanics and sectoral market access tradeoffs. en-us Mon, 30 Jun 2025 18:31:06 +0530 Mon, 30 Jun 2025 18:31:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48047 Negotiations aim to secure an interim trade agreement to avert reinstatement of an additional reciprocal tariff. India resists duty concessions in agriculture and dairy due to political sensitivity and smallholder subsistence farming, while the US seeks concessions on agricultural, dairy and certain industrial goods. India seeks concessions for labour intensive sectors such as textiles, gems and jewellery, and leather goods. Talks are phased toward a broader bilateral trade agreement, with delegations extending their stay and continuing in person and virtual negotiations to balance tariff suspension mechanics and sectoral market access tradeoffs. News - Mon, 30 Jun 2025 18:31:06 +0530 https://www.taxtmi.com/news?id=48047