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India extends Washington visit to resolve trade deal issues
Indian officials have prolonged their visit to Washington in an effort to finalize a trade agreement with the U.S. administration under President Donald Trump, sources within the Indian government revealed. The talks, initially scheduled to conclude last Friday, have continued due to unresolved disagreements, particularly concerning import duties on automobiles and the opening of agricultural and dairy markets.
One government insider noted that although India has offered tariff reductions on 90% of tariff lines, there remain significant disagreements about access to the agriculture and dairy sectors. The ultimate decision is expected to be made by the political leaders of both countries. Another source mentioned that the Indian delegation might stay for an additional one to two days to advance the discussions.
India's Commerce Ministry and the U.S. Trade Representative’s Office have not yet commented on the ongoing talks. Indian Finance Minister Nirmala Sitharaman recently emphasized that agriculture and dairy represent critical "red lines" in negotiations with the U.S., while expressing optimism about reaching a substantial agreement. She stated that an early deal would be beneficial for India.
President Trump recently indicated that the U.S. aims to establish a "very big" trade agreement with India but did not disclose further details.