The stakes are high, with the United States and India counting on each other as indispensable partners in their competition with China.

India faces potential tariffs of 20% to 25% from the US ahead of the August 1 deadline, complicating trade negotiations. Major sectors like agriculture and dairy are points of contention, while analysts advise caution for investors amid market volatility.

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.