https://www.taxtmi.com/news?id=48450 Interim trade pact negotiations between India and the US are in their final phase, with outstanding issues in agriculture and automobiles to be resolved before an imminent end to the suspension of an additional reciprocal tariff. India resists duty concessions for farm and dairy products and seeks full exemption from the additional tariff; the US seeks concessions on industrial goods, automobiles, wines, petrochemicals and certain agricultural items. India requests duty relief for labour intensive export sectors. The interim pact is intended as a stopgap ahead of a first tranche of a broader bilateral trade agreement to be pursued later this year. en-us Fri, 04 Jul 2025 16:16:03 +0530 Fri, 04 Jul 2025 16:36:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48450 Interim trade pact negotiations between India and the US are in their final phase, with outstanding issues in agriculture and automobiles to be resolved before an imminent end to the suspension of an additional reciprocal tariff. India resists duty concessions for farm and dairy products and seeks full exemption from the additional tariff; the US seeks concessions on industrial goods, automobiles, wines, petrochemicals and certain agricultural items. India requests duty relief for labour intensive export sectors. The interim pact is intended as a stopgap ahead of a first tranche of a broader bilateral trade agreement to be pursued later this year. News - Fri, 04 Jul 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=48450