Advising retail investors to remain cautious about the India-US trade deal euphoria, Avinash Gorakshkar, SEBI-registered fundamental market analyst, said, "The India-US trade deal is about ensuring the interest of the two economies.

With the August 1st deadline looming, India and the United States are struggling to reach a mini trade deal, primarily due to disagreements over market access for American agricultural and dairy products.

US stocks are floating near all-time highs as Wall Street maintains cautious optimism that Washington might ink more trade deals, avoiding a worst-case scenario of extraordinarily high tariffs and enabling the resilient economy to continue chugging along.

US President Donald Trump escalated his trade war by issuing reciprocal tariff letters to 14 nations, imposing duties as high as 40 per cent. While Japan and South Korea face 25 per cent levies, India may escape the brunt,

America is carrying massive debt, and half of it is financed by the rest of the world. If foreign nations and investors coordinated, they could force Trump to negotiate more reasonably on tariffs. Will they take the risk?