India said on Thursday it was studying the impact of the 27% tariff slapped by the U.S. on its imports and vowed to push for a trade deal this year, signalling a conciliatory tone despite failing to get relief from President Donald Trump's trade policy.

New Delhi faces a difficult choice between attempting to ease tariffs through diplomatic channels or imposing counter-tariffs on U.S. goods.

The US has set a 27% tariff on Indian goods starting April 9. Currently, steel, aluminum, and auto parts face a 25% duty. For other goods, a 10% base tariff applies until April 8.