India Seeks to Dodge Trump’s BRICS Wrath
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India and the U.S. are ramping up trade negotiations with virtual and soon physical meetings aimed at finalizing a comprehensive deal. The ongoing dialogue comes as President Trump enforces new tariffs on various countries,
Congress leader Jairam Ramesh highlights the withdrawal of a NITI Aayog working paper on Indo-US agricultural trade relations, impacting ongoing trade negotiations and tariff implications.
Bilateral relations between India and China have improved since the 2020 clash - but larger challenges remain.
Trade relations between India and the United States are tense amid the looming deadline for tariffs set by President Donald Trump.
So far, the US has reached only two preliminary trade deals, with the United Kingdom and Vietnam, which are scant on details and leave much to be worked out. What is happening with other countries? What is the status of India?
US Secretary of State Marco Rubio praised President Donald Trump for averting a potential war between India and Pakistan. Rubio highlighted this achievement during a White House Cabinet meeting. Trump emphasized the importance of using trade leverage to prevent the conflict,
Adding urgency to the talks is the recent thaw in US-China trade relations. Although Beijing initiated talks much later, it has already concluded a trade agreement with Washington. Indian exporters, who had benefitted from US tariffs on Chinese goods, now face renewed competition if India fails to reach a deal.
India plans to impose tariffs on US auto components in retaliation for US duties on Indian products, impacting trade relations and revenue.
India's External Affairs Minister Jaishankar expresses optimism on the India-US trade deal, stating negotiations are complex but progressing. A successful conclusion is hoped for in the coming days.
PM Modi, on the third leg of his five-nation tour, described India and Argentina as "natural partners" and called for taking their strategic partnership to "greater heights".