U.S. President Donald Trump said a trade deal with India has yet to be finalised and warned of possible higher tariffs ahead of an August 1 deadline to seal an agreement.

As the 7 August tariff deadline looms, India faces a potential 25% tariff on $87 billion in exports to the US. With crucial trade negotiations underway, can India navigate this high-stakes situation and secure a favorable trade deal before time runs out?

With the US tariff deadline looming, an India-US trade deal appears unlikely, though a last-minute breakthrough remains possible. Trump has hinted at tariffs of 20-25% on Indian goods, while India anticipates these as a temporary measure during ongoing negotiations.