{"id":4062,"date":"2025-07-12T10:55:02","date_gmt":"2025-07-12T10:55:02","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/4062\/"},"modified":"2025-07-12T10:55:02","modified_gmt":"2025-07-12T10:55:02","slug":"us-india-in-talks-on-trade-deal-that-may-cut-tariff-below-20-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/4062\/","title":{"rendered":"US, India in Talks on Trade Deal That May Cut Tariff Below 20%"},"content":{"rendered":"<p class=\"media-ui-Paragraph_text-SqIsdNjh0t0-\" data-component=\"paragraph\">The US is working toward an interim trade deal with India that may reduce its proposed tariffs to below 20%, people familiar with the matter said, putting the South Asian nation in a favorable position against its peers in the region.<\/p>\n<p class=\"media-ui-Paragraph_text-SqIsdNjh0t0-\" data-component=\"paragraph\">India doesn\u2019t expect to receive a tariff demand letter \u2014 unlike many other nations this week \u2014 and anticipates the trade arrangement will be announced through a statement, the people said, asking not to be identified because the discussions are private. The interim deal would allow for continued talks, giving New Delhi space to resolve outstanding issues ahead of a broader agreement <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-22\/us-says-major-trade-progress-made-with-india-during-vance-visit\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">expected<\/a> this fall, they said. <\/p>\n","protected":false},"excerpt":{"rendered":"The US is working toward an interim trade deal with India that may reduce its proposed tariffs to&hellip;\n","protected":false},"author":2,"featured_media":4063,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[3995,2070,28,103,4644,102,110,101,4645,2344,112,111,1049,3999,3123],"class_list":["post-4062","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-asia","tag-brics","tag-business","tag-canada","tag-delhi","tag-donald-john-trump","tag-economics","tag-economy","tag-etf","tag-india","tag-markets","tag-politics","tag-united-kingdom","tag-vietnam","tag-white-house"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/4062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=4062"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/4062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/4063"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=4062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=4062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=4062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}