India-U.S. Trade Deal Delayed Due to Iran War and U.S. Tariff Ruling
The India-U.S. trade deal remains unsigned as delays caused by the Iran war and a U.S. court ruling against tariffs create uncertainty. The delay could lead to higher tariffs for India under the Section 301 probe, increasing costs. India is seeking preferential access to U.S. markets while the U.S. pushes for more energy purchases from India.
Topics: India-U.S. trade deal International relations Section 301 tariffs Trade negotiations