US Edition
Agriculture a ’Red Line’ in Trade Talks with US, Indian Finance Minister Tells Financial Express
- Indian Finance Minister Nirmala Sitharaman said they aim to finalize a trade deal with the U.S. before the July 9 reciprocal tariff deadline.
- The talks face obstacles including agriculture, dairy, automobiles, and steel, with India maintaining these sectors as major red lines amid deep consultations.
- Sitharaman rejected the label 'tariff king,' arguing India's tariffs are modest, WTO-compliant, and bilateral trade recently reached $190 billion.
- She highlighted that agriculture and dairy sectors remain critical areas where strict caution is maintained and emphasized the importance of developing a simplified GST system, with a focus on lowering rates.
- A timely trade agreement could support India's growth goals and reforms while improving the investment climate across states.
28 Articles
28 Articles
'We have the right to go in and trade': Former friends run for cover as ego-driven Donald Trump burns bridges faster than he can build them
President Donald Trump’s aggressive trade negotiation style is making it hard for even friendly nations to reach agreements, as shown in the ongoing talks with India. The White House’s tough demands and linking of trade to regional politics are creating challenges for foreign governments to accept deals that could be politically damaging at home. According to Politico, India and the United States have been in trade negotiations since February, w…
U.S./India Trade Talks Stall over Tariff Disputes
Trade negotiations between the U.S. and India have reached a major impasse, casting doubt on prospects for a bilateral agreement ahead of President Donald Trump’s July 9th deadline to impose new reciprocal tariffs, according to Reuters. Indian officials say both sides remain divided over import duties on auto components, steel and agricultural products. India is pressing for a rollback of the proposed 26% U.S. reciprocal tariff and seeking relie…
India's trade gambit: sovereignty vs. Trump's tariff deadline
With just days remaining before President Trump’s July 9 deadline to reimpose steep “reciprocal tariffs,” US-India trade talks have reached a critical juncture. Trump’s recent declaration of a “very big deal” with India, one that would “open up” its markets stands in stark contrast to the gridlock reported by negotiators in Washington. As an Indian […] The post India’s trade gambit: sovereignty vs. Trump’s tariff deadline appeared first on Asia …
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- 36% of the sources lean Left, 36% of the sources lean Right
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