https://www.taxtmi.com/news?id=48155 Negotiations between India and the United States concern an interim trade agreement focused on reciprocal tariff treatment and market access for specific product sectors. India seeks duty concessions for labour intensive exports such as textiles, gems and jewellery, leather and certain agricultural items, while the US seeks concessions in agriculture, dairy, automobiles including electric vehicles, wines, petrochemicals and selected industrial goods. A suspended additional reciprocal tariff is time sensitive, with parties aiming to finalize terms before the suspension lapses. en-us Tue, 01 Jul 2025 17:46:08 +0530 Tue, 01 Jul 2025 17:46:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48155 Negotiations between India and the United States concern an interim trade agreement focused on reciprocal tariff treatment and market access for specific product sectors. India seeks duty concessions for labour intensive exports such as textiles, gems and jewellery, leather and certain agricultural items, while the US seeks concessions in agriculture, dairy, automobiles including electric vehicles, wines, petrochemicals and selected industrial goods. A suspended additional reciprocal tariff is time sensitive, with parties aiming to finalize terms before the suspension lapses. News - Tue, 01 Jul 2025 17:46:08 +0530 https://www.taxtmi.com/news?id=48155