India and the US are in the final stages of trade deal negotiations, with a July 24 deadline looming. A key sticking point is Section 301 of the US Trade Act, which India fears could lead to the re-imposition of tariffs. Experts suggest a 10% chance of missing the deadline, which would revert talks to MFN tariffs and potentially stall market access discussions.
India and the US are in the final stages of trade deal negotiations, with a July 24 deadline looming. A key sticking point is Section 301 of the US Trade Act, which India fears could lead to the re-imposition of tariffs. Experts suggest a 10% chance of missing the deadline, which would revert talks to MFN tariffs and potentially stall market access discussions.
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