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India, US defer meeting on interim trade pact

Financial Express Lucknow

|

February 23, 2026

TARIFF TURMOIL ■ Interim trade deal framework now faces renewed uncertainty ■ India checking negotiation stance amid shifting tariff landscape ■ Joint statement allowed tariff changes to reopen commitments ■ Exporters report buyers returning to wait-and-watch mode ■ Proposed 18% tariff reduction yet to take effect ■ Experts debate broader bilateral trade agreement implications ■ Volatile global trade environment complicates April deal rollout

- MUKESH JAGOTA

INDIA AND THE US have decided to postpone a scheduled three-day meeting of their chief trade negotiators at the last minute because the US Supreme Court's abrogation of country-specific reciprocal tariffs and subsequent developments required both sides to reevaluate their opt

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