India-US trade deal talks stall
Analysis based on 52 articles · First reported Jul 08, 2026 · Last updated Jul 21, 2026
India and the United States failed to finalize an interim trade agreement during USTR Jamieson Greer's visit to New Delhi in June 2026, as India holds out for better terms. India demands tariff advantages over competitors like China and no new US levies after the deal. The US has proposed additional tariffs of up to 12.5% on India over forced labor allegations. Meanwhile, farmers in India — Punjab, India and India — Haryana protested the proposed deal, leading to border closures and detentions. India's strong economic position, new trade deals with the UK and EU, and legal uncertainties over US tariffs have strengthened its bargaining power. Economist Surjit Bhalla advocated for the deal, while SBI Ecowrap advised patience. The framework deal is reportedly ready but signing awaits the right time.
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