India, March 17 -- The interim trade agreement between India and the US will be signed once the new global tariff architecture of America is in place, a senior government official said on Monday."Because at the end of it, each country is doing a deal as a part of a package where one is at comparative advantage... vis a vis competitors," the official said.

India and the US last month announced finalisation of a framework for the first phase of the bilateral trade agreement. According to that framework, the US had agreed to reduce tariffs on India to 18 per cent.However, the tariff architecture in the US has changed following its Supreme Court ruling against President Donald Trump's sweeping tariffs. After that, the US President imposed 10...