https://www.taxtmi.com/news?id=53881 Negotiations on a bilateral trade agreement are paused because steep US tariffs on Indian goods-an initial reciprocal duty plus an additional punitive levy linked to India's energy and defence purchases-must be resolved before talks can proceed. India has reserved rights under WTO norms to impose retaliatory duties, while asserting that market access demands in sensitive sectors like agriculture and dairy impede agreement formation and that any deal must protect national interests and farmer livelihoods. en-us Thu, 28 Aug 2025 19:01:04 +0530 Thu, 28 Aug 2025 19:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53881 Negotiations on a bilateral trade agreement are paused because steep US tariffs on Indian goods-an initial reciprocal duty plus an additional punitive levy linked to India's energy and defence purchases-must be resolved before talks can proceed. India has reserved rights under WTO norms to impose retaliatory duties, while asserting that market access demands in sensitive sectors like agriculture and dairy impede agreement formation and that any deal must protect national interests and farmer livelihoods. News - Thu, 28 Aug 2025 19:01:04 +0530 https://www.taxtmi.com/news?id=53881