🇮🇳India and 🇺🇸U.S. Seek 10% Tariff Agreement Before July Deadline.
India and the United States are in crucial talks in New Delhi to finalize a tariff agreement before the July 9 deadline. The negotiations focus on reducing tariffs in key sectors such as agriculture and automotive, as well as seeking greater market openness.
India has proposed an average tariff rate of 10%, comparable to U.S. rates, subject to reciprocal concessions. The goal is to reach a bilateral trade of $500 billion by 2030. Meanwhile, India's cryptocurrency policy is also being considered for its potential to complement the trade strategy and attract investments.