The mini trade deal between India and the US is expected to be announced by late tonight. This deal can open new routes for Indian exporters and American markets. On April 2, US President Donald Trump imposed a reciperook tariff on countries around the world, later postponed for 90 days. Its deadline ends on 9 July 2025. In such a situation, this deal is very important. Come, let us understand this whole matter through question and answer… Question 1: What is the Indo-US mini trade deal? Answer: Mini trade deal is a small and limited trading agreement, in which both countries have agreed to reduce tariffs (custom duty) on certain goods and increase business. This is not a major free trade agreement (FTA), but an early step, which includes some sectors and the rest of the complex issues have been left for later. This deal between India and the US is especially focusing on automobiles, textile, medicines, and some agricultural products. Its purpose is to make trade between the two countries easier and reduce the obstacles caused by tariffs. Question 2: Why did the negotiation of this deal start? Answer: The major reason for the introduction of this deal is the decision taken by US President Donald Trump on 2 April 2025, in which he announced to impose 26% recipe tariff (counter -duty) on several countries including India. It was later postponed for 90 days. Its deadline ends on 9 July 2025. If there is no deal till this deadline, then there may be a huge tariff of 26% on goods going from India to America. India wants to remove this tariff. On the other hand, the US wants India to give its agriculture and dairy products more space in its market. Question 3: What is involved in this deal? Answer: According to sources, these are important points in the mini trade deal: Question 4: How far has the conversation of this deal reached? Answer: As of 7 July 2025, teams from India and America are talking in Washington. Sources say that most parts of the deal have been agreed, and it may be announced on late night or 8 July. Commerce Minister Piyush Goyal has said that India will keep national interests at the top. Question 5: What will be the benefit of India and America from this deal? Answer: If this mini trade deal is done, then: Benefits for India: Benefits for America: For both countries: This deal can lay the foundation of a big free trade agreement (FTA) in the future. Question 6: What were the obstacles in the deal? Answer: Some big screws were stranded in the conversation: Question 8: What will be the geopolitical effect of this deal? Answer: This deal is not limited to business, it also has strategic importance: