India is negotiating a trade deal with the United States, which is likely to be announced before tariffs come into force next week. US President Donald Trump announced a 26% reciprocal tariffs on Indian imports.

The United States has reportedly revised its tariff on Indian exports to 27%, a 1% increase from the 26% initially announced by US President Donald Trump. This adjustment is part of a broader strategy to implement reciprocal tariffs on imports from 14 countries and two island nations,