The record
Written from the 1 report below. Nothing here is unsourced.
- A senior US official says the India-US trade deal is in its final stage and could be signed within three to four months, with completion of the Section 301 trade investigations the last major step.
- One investigation covering 60 countries is expected to conclude soon, after which progress is expected on multiple trade fronts.
- US Ambassador Sergio Gor separately said most of the deal is complete after about 18 months of talks.
- Separately, Washington has proposed tariffs of up to 12.5% on India over forced labour allegations, and Trump announced that generic drug imports, a key Indian export, will face steep tariffs after a two-year exemption starting August 1.
What to watch next
- Completion of the Section 301 investigations, including the 60-country probe
- Formal signing of the trade deal within the stated three-to-four-month window
- Impact of the proposed generic drug tariffs on Indian pharmaceutical exporters
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Named India · United States · generic drugs · Donald Trump · Narendra Modi · Reuters · Senior US official · Sergio Gor
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