Narrative thread · 1 event
India and the US are stuck in trade talks. Finance Minister Sitharaman says the negotiations have reached a plateau where further demands and concessions will be very difficult, according to The Hindu, and Bloomberg reports officials on both sides signal an impasse.
India and the United States are negotiating a bilateral trade agreement meant to lower barriers between the two economies. US tariffs on Indian goods are a central sticking point, and Reuters reports they narrow the room for a deal.
Finance Minister Sitharaman said the talks have reached a plateau where further demands and concessions will be very difficult, according to The Hindu. Reuters reports that tariffs narrow the room for a deal, and Bloomberg says US and Indian officials signal an impasse.