India and the United States do not finalize an interim trade agreement during a U.S. Trade Representative visit to New Delhi last month, according to multiple reports. The discussions take place as the Trump administration prepares new tariffs that are expected to take effect later this month. Washington had been looking for relatively quick trade concessions from a strategic partner, but the talks do not result in an interim deal.

India is reported to be taking a more cautious approach, holding out for terms it considers more favorable rather than accepting commitments that could carry costs outweighing any short-term tariff relief. The reporting describes India as preferring to delay—potentially even avoid—a rushed agreement if it does not sufficiently protect India’s interests.

Overall, the accounts indicate that both sides remain engaged in trade negotiations, but an interim framework is not agreed. The next steps appear to be shaped by timing pressure from the anticipated U.S. tariff changes and India’s insistence on better commercial terms.