US-India trade talks scheduled for August called off: Report
The cancellation follows US tariffs on Indian goods totaling 50%, linked to India's Russian imports, while India refuses to compromise on agriculture and dairy sectors, officials said.
- The U.S. canceled upcoming trade talks with India that were scheduled for August 25-29 in New Delhi.
- The U.S. has imposed a 25% tariff on Indian exports, with an additional 25% penalty tariff expected on August 27 over India's purchase of Russian oil and military equipment.
- India has called out the U.S. and EU for continuing to trade with Russia while criticizing India for doing the same.
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(Hanoi = Yonhap News) Correspondent Park Jin-hyung = As the Donald Trump administration in the United States has decided to impose a 50% tariff on India starting later this month, the U.S. and India...
·Korea, Republic of
Read Full ArticleUS-India trade talks scheduled for August called off, source says
A planned visit by U.S. trade negotiators to New Delhi from August 25-29 has been called off, a source said, delaying talks on a proposed trade agreement and dashing hopes of relief from additional U.S. tariffs on Indian goods from August 27.
·United Kingdom
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Total News Sources62
Leaning Left5Leaning Right10Center9Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 21%
C 38%
R 42%
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