India-US trade talks stall as further concessions look limited
In short
India and the U.S. are still talking about a trade deal, but the Finance Minister says the talks have reached a plateau. She said both sides may have little room left for more concessions.
This means a deal may be harder to finish soon. The reporting does not say which issues are still blocking progress.
What the reporting says
India-US trade talks have hit a plateau, with Finance Minister Nirmala Sitharaman saying both sides may have little room left for further concessions. The reporting says negotiations remain rigorous, and she also accused the U.S. of weaponising tariffs to address its trade imbalance. The immediate consequence is a more difficult path to a deal, while the reporting does not say whether any specific tariff or market access issue remains unresolved.
Why it matters
Finance Minister Nirmala Sitharaman said India-US trade negotiations have become harder because both sides may have little room left for further concessions. The reporting also says she accused the U.S. of using tariffs to deal with its trade imbalance. The story signals stalled progress in trade talks, but it does not identify the remaining sticking points or any deadline for a deal.