A government official told The Indian Express that agriculture has been a major sticking point in negotiations, particularly because India has adopted an unwavering stance on this sector.

As the July 9 deadline for the US tariff pause approaches, investors are anxious. A favourable trade deal could boost the Indian stock market and foreign investment, but unresolved tariff issues may lead to volatility.

As the US and India look to seal a trade deal ahead of Donald Trump’s self-imposed July 9 deadline, India seems to be resisting American pressure - joining a select group of countries refusing to budge to tactics of the world’s largest economy.