As the deadline for suspended tariffs looms, India and the US are in the final stages of negotiating a trade deal that could reshape bilateral relations. With both sides holding firm on key issues, the outcome remains uncertain as they strive for a mutually beneficial agreement.

An interim trade deal between India and the United States is likely to be finalised in the next 48 hours, with negotiations underway in Washington, sources told NDTV on Thursday.

India-US are likely to sign a mini trade deal on July 4 while a bigger and full fledged trade deal is expected to be inked during Donald Trump's visit to India later this year.