Daily SumUp

Delhi is "hopeful" of reaching a trade agreement with the US before the 90-day pause on reciprocal tariffs ends on 9 July, India's foreign minister has said.

In an interview with French daily Le Figaro on Tuesday, S Jaishankar, who is on a four-day visit to Belgium and France, said India and US had already begun trade negotiations before Trump unveiled his 2 April 'Liberation day' tariffs on global partners, including up to 27% on India.

"Prime Minister [Narendra] Modi met with Donald Trump in February and they decided to further open access to our respective markets," Jaishankar told the paper.

"We are hopeful of reaching an agreement before the end of the tariff suspension on 9 July."