Updated

India's finance minister said there is little room for 'giving and taking' in ongoing trade negotiations with Washington, reinforcing growing skepticism that a bilateral trade deal will be concluded soon. The comments underscore persistent friction between New Delhi and Washington over tariffs and market access issues that have dragged on for months. The remarks come amid broader uncertainty about U.S. trade policy under the Trump administration, which has pursued aggressive tariff strategies with multiple trading partners. Analysts see the impasse as a sign that a quick resolution is unlikely, with implications for bilateral commerce and investor sentiment toward emerging-market trade flows.