India, U.S. Miss 2 Trade Deal Deadlines as Tariff Gaps Stall Talks
Updated
Updated · The Hindu · Jun 25
India, U.S. Miss 2 Trade Deal Deadlines as Tariff Gaps Stall Talks
3 articles · Updated · The Hindu · Jun 25
Summary
India and the U.S. have failed to deliver both the Bilateral Trade Agreement targeted for fall 2025 and the interim pact meant for April-May 2026.
February 2025 talks quickly showed a full trade deal would be hard to close, pushing officials to aim instead for a first tranche before that deadline also slipped.
A February 2026 framework for an interim deal did not translate into implementation, underscoring unresolved differences in the negotiations.
Piyush Goyal said on June 25 that any U.S. trade deal must give India a competitive edge over peers and come with legal backing, signaling the sticking points now delaying both tracks.