Tariff cuts on corn, soybean, wheat and ethanol remain off the table, with Indian officials citing risks from subsidised U.S. farm products. Domestic automakers, pharma firms and small industries have also lobbied for only a gradual opening, fearing disruption from U.S. imports.

While dialogue continues, the imposition of tariffs marks a serious setback and reflects broader geopolitical tensions.

President Donald Trump said on Wednesday that the United States is still in trade negotiations with India, even as he announced earlier in the day that a 25% tariff on Indian imports will