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India pushes for preferential market access under proposed US trade pact says Goyal
The Telegraph··22 Jun
Telegraph India reported that Commerce Minister Piyush Goyal on June 22 said the interim deal is delayed by the 50 per cent tariff on Indian goods and New Delhi wants duties lower than competing nations like Vietnam and Bangladesh.
Prism
What It Means For You
- US trade deal terms affect export competitiveness.
- Tariff gaps versus Vietnam remain a sticking point.
- Agriculture and dairy stay off India's concession list.
What's Happening
- Goyal spoke on June 22 about trade deal delays.
- India seeks preferential US market access.
- Greer arrives in New Delhi June 23-24.
Trade Timeline
- February framework targeted interim deal by mid-2026.
- 50 per cent US tariff slows implementation.
- Negotiations are at an advanced stage.
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