India-US Trade Deal 😟 | Talks Stuck, Tariffs Rising
The India-US trade deal may face a delay as the US team might skip its August 25 visit. This is a problem because a 50% tariff on Indian goods is about to start on August 27, on top of the 25% tariff already in place. While this isn’t a cancellation, businesses are worried, as every day matters.
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Current tariff: 25% on Indian goods
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The new 50% tariff starts on August 27
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The meeting may now happen by the end of August
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The final trade deal expected around Sept–Oct
👉 Why this matters: More delays in the India-US trade deal talks mean higher costs for Indian exporters.
🔗 Source: India Today
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