US-India Trade Deal: Limited Tariff Cuts Without Relief For Auto, Steel Expected | Profit Exclusive

An interim trade deal between the US and India may offer only a limited tariff cut for Indian goods without relief on auto, auto components, steel, and aluminium duties.

The agreement is likely to exclude sector-specific tariff cuts, sources told NDTV Profit on Tuesday.

The focus of the deal has narrowed to reciprocal tariff reductions or removals.

India has warned that doubling US trade will be impossible without broader tariff cuts. Officials have called on both nations to prioritise lowering overall tariff barriers, sources said.

An Indian delegation is in Washington to iron out differences and get a deal before the July 9 deadline for Trump's reciprocal tariffs.