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India Hopes for Trade Fair and Square with US
The Morning Standard
|June 12, 2025
After Trump's breakthrough deal with China, nation eyeing to wrap 1st phase of deal in July
EVEN as India is racing against time to clinch a trade deal with the US before expiry of the July 9 deadline, when the 90-day exemption period for implementation of reciprocal tariff gets over, sources say that the first phase of the deal would only address the low-hanging fruits.
"The trade talks will be in multiple phases, but the first phase should end before July 9," said an anonymous government source.
This story is from the June 12, 2025 edition of The Morning Standard.
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