India seeks lower tariffs than rivals before implementing US trade deal

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India is seeking lower tariff rates than competing nations before moving ahead with a long-awaited trade agreement with the United States. Commerce and Industry Minister Piyush Goyal said at a press briefing that India's duties need to be lower compared to those of rival exporting nations, and that the trade agreement will be implemented once this is settled. The framework for the pact was finalized before the U.S. Supreme Court ruled in February that President Donald Trump's previous tariff policy was unlawful. The remarks come weeks after Indian Prime Minister Narendra Modi met Trump on the sidelines of the Group of Seven summit in France, where both leaders struck an upbeat tone and highlighted progress in trade negotiations. Despite repeated signals from officials on both sides that a deal is within reach, negotiations have continued longer than expected, complicated by disagreements over tariffs, market access, and protections for politically sensitive industries.

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