India to focus on trade deal, avoids retaliation on Trump's tariffs.
India is prioritizing negotiations for a balanced trade deal with the US instead of immediate retaliation to President Trump's 26% tariff on imports. The Indian government seeks a dialogue to reduce duties, involving both goods and services. Prime Minister Modi and President Trump aim to finalize the deal by fall, amidst rising global trade tensions.
Source:economictimes.indiatimes.com