India-US trade deal enters crucial phase as Section 301 and tariff deadline loom large (opens original article in a new tab)

India and the US are in a critical phase of trade negotiations as the July 24 deadline approaches, with concerns over Section 301 provisions and potential tariff reinstatement if the deal is not finalized.

• India and US negotiations on a trade deal face challenges due to Section 301 of the US Trade Act and a July 24 deadline
• Experts warn that unresolved issues could lead to restoration of previous tariffs or Section 301 measures if the deadline is missed
• India is cautious about provisions allowing the US to revert to old tariff arrangements or use broad trade measures