India-US, US-Mexico Trade Deals in Sight: Interim Pact Expected by Month-End

Published: Jun 11, 2025 11:37

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[India and the US are expected to reach an interim trade agreement before month-end, while the US and Mexico are close to reaching an agreement on steel import tariffs] According to sources familiar with the matter, the US and Mexico are on the verge of reaching an agreement to eliminate the 50% tariff imposed by Trump on steel imports below a certain quantity. Meanwhile, negotiators from India and the US have made progress, with the talks focusing on market access, tariff reductions, and non-tariff barriers for industrial and some agricultural products. India and the US are expected to reach an interim trade agreement before the end of this month.

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