The trade deal between India and the United States would be finalised within a week, sources have said. This comes as Donald Trump said he is not planning to extend a 90-day pause on tariffs on most nations beyond July 9.
Rajesh Agarwal, Special Secretary, Department of Commerce, speaking in the US said that India would protect its agricultural issues, specifically on rice, fruits, millets, and wheat.
Some American automobiles, like Tesla, will receive incentives here in the US, while select parts and spares will also benefit from market access, Agarwal said.
Similarly, Indian auto components will get tariff relief in the US market, he said.