The India-US trade deal faces significant challenges after Trump's tariffs, which could impact Indian exports by $33 billion

With just days left before the August 1 tariff deadline, Donald Trump confirmed that the US-India trade deal remains unfinished, warning of potential 20–25% tariffs. While both sides continue talks, key sticking points like agriculture and dairy persist.

The United States has agreed to a trade deal with India that calls for a 25% tariff on goods imported from that country. In addition, India could face punitive tariffs for continuing to do business with Russia,