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India appears unfazed as trade deadline with the U.S. nears. Here's why
As the window of opportunity for India to seal a trade deal with the U.S. closes on Aug. 1 — when tariffs are set to increase to 26% — New Delhi appears to be unfazed by the looming deadline, analysts told CNBC. This comes even as a trade deal between the U.S. and Japan was announced on Wednesday, which addressed sticking points on greater market access for American autos and agricultural products. Like Japan, India has resisted greater market access for American agricultural products to protect its local farmers, who form a sizable voting bloc. In its recent trade deal with the U.K., finalized on Thursday, India ... (full story)
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