India-US Trade Deal Stalled Despite Progress
Quick Look
India and the US have made progress on a bilateral trade agreement but face hurdles over market access, tariffs, and agricultural market access, with neither side willing to concede first.
AI-generated summary
Why It Matters
India and the US announced trade talks in February 2025, aiming for a comprehensive bilateral trade agreement.
India and the United States have made substantial progress toward signing a landmark bilateral trade agreement, but following multiple rounds of talks there has been no significant breakthrough. The reasons lie in familiar fault lines in global trade — market access, tariffs and a negotiation where neither side can afford to appear to have blinked first. [...] Edited by: Keith Walker
What to Watch
AI outlook — possibilities, not facts
A partial trade deal might be signed within the next 6 months.
Likely · Within months
Open Questions
- Will the US Supreme Court's ruling on tariffs significantly impact negotiations?
- Can India secure a competitive tariff advantage?
