
India will sign the proposed trade deal with the United States only after Washington finalises a new global tariff architecture, Commerce Secretary Rajesh Agrawal said. The US Supreme Court struck down previous tariffs imposed under the International Emergency Economic Powers Act, leading to a temporary 10 percent tariff under Section 122. Both countries continue detailed discussions on tariff structures, non-tariff barriers, and trade investigations, with India seeking to retain a comparative advantage in the US market. The signing timeline depends on the US completing its tariff framework amid ongoing trade probes and geopolitical challenges.
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