Earlier, it was reported that the US was looking for a near nil tariff. It was also learned that some strategic sectors like dairy, communications (internet) and agriculture are also on the table, as the Indian government is liable to protect Indian interests while striking a balance with the biggest economy in the world.

The United States has flagged concerns over India's increasing and burdensome import-quality requirements, among its many barriers to trade, in a report released two days before planned U.S. reciprocal tariffs take effect.

President Trump announces reciprocal tariffs on countries, stating India will drop tariffs substantially, effective April 2.