New Delhi and Washington have been engaged in intense negotiations to close a trade deal even as America’s reciprocal tariffs were extended from July 9 to August 1

As Donald Trump intensifies trade efforts, India is likely to finalize a trade agreement with the US, with a deadline extension granted until August 1. While India anticipates finalizing a deal, experts caution that any agreement might not shield Indian exports from future unilateral tariff increases.

Tariffs are subject to change, upward or downward, depending on our country’s relationship with yours,' says Trump in the new letters that were sent to the respective countries last night.