India hits back on auto tariffs: reserves WTO right; says trade talks with US remain on track

India has reserved its right to impose retaliatory tariffs on the US following a 25% tariff on Indian auto parts, a procedural move under WTO safeguards. This action won’t impede ongoing trade deal talks, aiming for a $500 billion bilateral trade by 2030. An interim agreement is expected before July 9, but uncertainty remains.