India and US conclude latest round of trade talks as both sides work toward an interim agreement before July 24

Why is July 24 important in these talks?

Multiple reports say both governments are working against a July 24 deadline because that is when the current 10% temporary US tariff regime on trading partners is due to expire News18,Economic Times,Business Standard.

What is the interim agreement meant to do?

The interim agreement is being presented as an initial or first-phase arrangement that could lock in progress now and serve as a milestone toward a more comprehensive bilateral trade agreement later News18,Financial Express,Business Standard.

What issues are still at stake in the negotiations?

The talks have covered market access, digital trade and non-tariff barriers, while US voices have also pointed to reciprocity, trade imbalance and access for American goods as continuing concerns News18,News18,mint.