https://www.taxtmi.com/news?id=48189 Negotiations aim to secure an interim trade pact before a temporary suspension of additional reciprocal tariffs lapses, with India pressing for full elimination of additional tariffs and duty concessions for labour intensive exports (textiles, garments, leather, gems and jewellery, footwear and related SME sectors). The US seeks concessions in agriculture, dairy and select industrial goods, but faces limits on broad MFN tariff cuts, making country specific exemptions and the scope of tariff relief politically and procedurally contested. en-us Tue, 01 Jul 2025 22:16:03 +0530 Tue, 01 Jul 2025 22:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48189 Negotiations aim to secure an interim trade pact before a temporary suspension of additional reciprocal tariffs lapses, with India pressing for full elimination of additional tariffs and duty concessions for labour intensive exports (textiles, garments, leather, gems and jewellery, footwear and related SME sectors). The US seeks concessions in agriculture, dairy and select industrial goods, but faces limits on broad MFN tariff cuts, making country specific exemptions and the scope of tariff relief politically and procedurally contested. News - Tue, 01 Jul 2025 22:16:03 +0530 https://www.taxtmi.com/news?id=48189