US President Donald Trump on Wednesday (July 30) announced to impose 25 per cent tariff on India, effective from August 1, saying that the US has a massive trade deficit with India. 

'Massive trade deficit with India': Trump imposes 25% tariff on India, plus penalties for arms trade with Russia

The US is pushing for greater access to the Indian market, particularly for American agricultural and dairy products. Trump drew a comparison to Indonesia, where he recently signed a deal allowing American firms full trade access. 

US-India trade deal in sight? Trump says deal could happen ‘soon’, hints it may resemble Indonesia agreement - All you need to know

What is the status of India-US trade deal? How will India be affected if no trade deal is reached and Trump tariffs are imposed? Here is what you should know

Deal or no deal? India races with trade talks amid Trump tariff threat, proposes retaliatory rates on US steel, aluminium

President Trump extends the tariff deadline, intensifying pressure on over 100 nations, including India and the EU to finalise trade deals or face renewed economic penalties.

Trump delays tariff hike to August 1, urges quick trade deals

As per the report, both countries have completed negotiations on the smaller deal, which is expected to carry an average tariff of around 10%. While the exact details have not been made public, officials believe it could serve as a foundation for a larger trade deal.

India-US to finalise 'mini trade deal' in next 24 hours: Can it help New Delhi avoid Trump’s ‘take it or leave it’ tariff letters?

A free-trade agreement is only possible when there is mutual benefit. India never enters into trade deals based on deadlines or time pressure. A deal is accepted only when it is fully matured, well-negotiated, and in the national interest, the commerce minister said.

‘India’s interest more important, not deadline’: Commerce Minister Piyush Goyal on US trade talks

While talking about the deal with China and the UK, the US president said that it is through and the administration will "send letters very quickly to most countries for the deal."

'Full trade barrier dropping': Trump says will reach a trade deal with India as Indian delegation reaches Washington

At a White House event, he hinted at a very big agreement on the horizon while emphasizing selective trade partnerships.

US–India trade deal: What’s inside Trump’s “very big” hint?

With US tariffs on Indian exports set to resume next month, both countries accelerate efforts to finalise a limited trade pact by late June.

India and US edge closer to trade deal as deadline for tariff pause nears

After concluding a "quick" trade deal, India and the US need to sit down on the negotiating table for working towards a more sustainable, robust and enduring partnership in the form of a free trade agreement (FTA), Commerce and Industry Minister Piyush Goyal said.

India, US need to sit down on negotiating table for FTA: Goyal

A new set of reforms and policy recommendations were made by the top Indian and US CEOs at the India-US CEO Forum to further boost bilateral investment opportunities across various sectors.

India, US CEOs suggest reforms to further boost bilateral investment opportunities

Just days ahead of US President Donald Trump's visit to India, the cabinet committee on security(CCS) approved a deal to procure a batch of 24 Lockheed martin MH-60 Romeo helicopters from the US.

Ahead of Trump's visit, cabinet committee on security approves US helicopter deal

Ahead of US President Donald Trump's visit, India has said that both sides don't want to rush into a trade deal and the deal is not stuck. A government source told WION that "both sides want to reach an understanding with outcomes that balance both sides" and US and India "don't want to rush into the deal as the issues are complicated with many decisions having an impact on people's lives and long term economic consequences".

'Not in a hurry for a trade deal,' says India ahead of Trump's visit

As Donald Trump heads to India for his first presidential visit, the government described his upcoming visit as "brief but intense", promising to make the "Namaste Trump" event grander than the "Howdy Modi" event in Houston last year.

On trade deal with US, India says 'don't want to set artificial deadlines'

A US delegation will be in India next week to give final touches to the India-US trade deal, reported news agency ANi quoting sources. The report quoting a source said that the trade talks have been very constructive and covered a wide range of issues that were pending on the table.

US officials to visit India next week to give final touches to trade deal

India and the US will have a "trade deal very soon", said US President Donald Trump in New York on Tuesday after a meeting with Prime Minister Narendra Modi.