Missed signals, lost deal: How India-US trade talks collapsed

After five rounds of trade negotiations, Indian officials were so confident of securing a favourable deal with the United States that they even signalled to the media that tariffs could be capped at 15%. The post Missed signals, lost deal: How India-US trade talks collapsed appeared first on Reuters Best.

Aug 12, 2025 - 12:00
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Missed signals, lost deal: How India-US trade talks collapsed

After five rounds of trade negotiations, Indian officials were so confident of securing a favourable deal with the United States that they even signalled to the media that tariffs could be capped at 15%.

Indian officials expected U.S. President Donald Trump to announce the deal himself weeks before the August 1 deadline. The announcement never came.

The post Missed signals, lost deal: How India-US trade talks collapsed appeared first on Reuters Best.

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