India and the US are negotiating a trade deal ahead of President Donald Trump's July 9 deadline to impose reciprocal tariffs. "Agriculture and dairy have been among very big red lines, where a high degree of caution has been exercised," Sitharaman told the newspaper. Sitharaman said, adding that an early conclusion of the trade deal would serve India better. In the trade talks, the US is pushing for greater access to agricultural goods and ethanol, citing a significant trade imbalance, along with expanded market access for dairy, alcoholic beverages, automobiles, pharmaceuticals and medical devices. Discussions on the trade deal will address concerns of the automobile and other industries with "deep consultations," said Sitharaman.