India-US Trade Deal Sees Progress Amid Trump's New Rice Tariff Threat

• India and the US are in advanced trade talks, with India offering its "best offers yet" for US agricultural market access.
• The US seeks greater market access in India for agricultural products like soy and grain sorghum.
• Discussions also include zero tariffs on civil aviation parts under the 1979 aircraft agreement.
• US President Trump threatened new tariffs on Indian rice, accusing India of dumping, despite ongoing negotiations.
• The US already imposes a 50% tariff on some Indian products, and the Supreme Court is reviewing Trump's authority on tariff increases.

Why It Matters: India-US trade talks show progress, but Trump's new tariff threats create fresh obstacles.