Trump’s tariff – India is seeking a 26 % complete exemption from Trump’s tariff in a commercial deal with us

According to India, India requested a complete exemption from the 26 percent tariff imposed by the United States on April 2. According to an official, the two countries, who are already discussing a bilateral trade agreement for the United States, may announce trade meetings in the United States (USTR)

According to the agency’s reports, the official said that India’s endeavor to protect its sensitive sectors may require some shares or minimum import price (MIP).

“The talks are moving positively,” PTI said. India is looking for concessions for its dense sectors, such as textiles and leather.

Both countries set a final date by the fall of this year to conclude the first phase of BTA. While the Trump administration will need approval from the US Congress to reduce the customs tariff to less than the prices of the favorite nation, it can remove the mutual definitions imposed on a number of countries, including India.

The United States imposed a 26 percent mutual tariff on Indian goods, but was then suspended for 90 days, until July 9. New Delhi and Washington officials are keen to take advantage of the 90 -day suspension window to enhance commercial conversations. However, the 10 % basic tariff imposes by America in place.

India is looking for concessions for intense sectors in workers such as textiles, gemstones, jewelry, leather goods, clothes, plastic materials, chemicals, shrimp, oil seeds, chemicals, grapes, and bananas, while the United States wants interference in sectors such as cars (electric vehicles in particular), wine, and bacilli products, such as Appls, App Applisteure, App Apples, Appls, Appl. Amended (crops, and even some industrial goods.

The United States is the largest trading partner in India with a bilateral trade of $ 131.84 billion. India had a commercial surplus with the United States with a value of $ 41.18 billion of goods in 2024-25. The United States represents the total exports of 18 percent goods in India, 6.22 percent of imports, and 10.73 percent in the country’s total merchandise trade.