India-US trade deal: American delegates to visit New Delhi to hold sixth round in August. Details here
'The US team is visiting for the sixth round of talks,' the official told the news agency. He also mentioned that the two nations will continue to negotiate an interim trade deal as US President Donald Trump's 1 August tariff deadline nears.
Trump's tariffs on world nations will be imposed on 1 August 2025 after the end of the suspension period, which means exports from India to the United States will witness the effect of a 26 per cent tariff rate on top of the existing 10 per cent baseline duty.
Indian and US delegations finished their fifth round of trade talks last week in Washington. India's chief negotiator and special secretary of the Department of Commerce, Rajesh Agrawal, and Assistant US Trade Representative for South and Central Asia, Brendan Lynch, discussed the trade deal ahead of the tariff deadline.
According to the report, both nations are looking to finalise an interim trade deal before the August tariff deadline. The reciprocal tariffs were imposed on 2 April 2025 and were supposed to take effect from 9 July 2025. However, the deadline for the imposition of the import duties was later extended to 1 August 2025.
India, in its trade negotiations with the US, has hardened its position on the US's demand for import duty cuts on agriculture and dairy products. However, the country has not given any import duty cuts on these products to any of its trading partners, as per the agency report.
Farmer associations across India have also requested the government not to include any issues related to agriculture in the trade deal.
India aims to remove the additional 26 per cent tariffs, along with the 50 per cent rates on steel and aluminium and 25 per cent tariffs on automobiles. The nation has also reserved its rights under the World Trade Organisation (WTO) to impose retaliatory tariffs on the Western nation.
India also wants tariff cuts on textiles, gems and jewellery, leather goods, garments, plastics, chemicals, shrimp, oil seeds, grapes, and bananas.
In exchange, the United States is seeking tariff cuts on industrial goods, automobiles, especially electric vehicles, wines, petrochemical products, agri goods, dairy products, apples, tree nuts, and genetically modified crops.
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