https://www.taxtmi.com/news?id=49924 Fifth round India-US negotiations centered on tariff concessions, sectoral market access, and controls related to non market economies and SCOMET, with India opposing dairy duty cuts while seeking removal or easing of additional US tariffs and concessions for labour intensive export sectors. Both sides contemplated packaging agreed items as an interim trade arrangement before the tariff suspension expires and aim to conclude a first tranche of a comprehensive bilateral trade agreement by autumn, with India reserving WTO rights to retaliate if necessary. en-us Sat, 19 Jul 2025 16:46:03 +0530 Sat, 19 Jul 2025 16:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=49924 Fifth round India-US negotiations centered on tariff concessions, sectoral market access, and controls related to non market economies and SCOMET, with India opposing dairy duty cuts while seeking removal or easing of additional US tariffs and concessions for labour intensive export sectors. Both sides contemplated packaging agreed items as an interim trade arrangement before the tariff suspension expires and aim to conclude a first tranche of a comprehensive bilateral trade agreement by autumn, with India reserving WTO rights to retaliate if necessary. News - Sat, 19 Jul 2025 16:46:03 +0530 https://www.taxtmi.com/news?id=49924