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India wants ‘big beautiful’ trade deal with US after Trump tariff threats

Related: White House on lack of details on US-UK trade deal
  • Indian Finance Minister Nirmala Sitharaman revealed India's strong desire for a “big, beautiful” trade deal with the US, even as negotiations face challenges.
  • A critical 9 July deadline approaches, after which the US could impose additional tariffs of up to 26 per cent on Indian goods.
  • India has established clear red lines in the Bilateral Trade Agreement talks, primarily concerning the protection of its agriculture and dairy sectors.
  • Trump has accused India of being a “tariff king” and seeks greater market access for its agricultural exports, while India defends its tariffs as necessary and WTO-compliant.
  • Negotiators have extended their discussions in Washington, indicating efforts to bridge differences and secure an agreement before the deadline.
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