The first phase of the India-US trade pact is ready and awaits Trump's approval, with a possible signing before the July 9 deadline to avoid additional tariffs on Indian goods

India reserves WTO rights to retaliate against US auto tariffs; official says it won't impact ongoing trade deal negotiations. Details on India-US trade talks and WTO safeguards agreement.

India's decision to reserve its rights to impose retaliatory duties on the US over imposition of tariffs on auto parts is a procedural move under the WTO agreement on safeguards and it will not affect ongoing negotiations on the proposed trade pact between the two countries,