Lutnick on trade spat: India ‘will say sorry in 2 months’
US Commerce Secretary Howard Lutnick expects India to rejoin trade talks soon, emphasizing US market leverage and warning of 50% tariffs if India maintains current policies.
- US Commerce Secretary Howard Lutnick stated that India will apologize and return to negotiations with US President Donald Trump within one to two months.
- Lutnick expressed that India must choose between supporting the US or aligning with Russia and China, warning of a 50% tariff if they do not support the dollar.
- Commerce Minister Piyush Goyal expressed hope to conclude a bilateral trade agreement with the US by November, highlighting that tariff removal is key to resuming negotiations.
Insights by Ground AI
Does this summary seem wrong?
13 Articles
13 Articles
After Navarro, another Trump aide targets India, demands apology from New Delhi
US Commerce Secretary Howard Lutnick said on Friday that he expects India to 'apologise and resume the stalled trade talks' with Washington, DC, as he questions New Delhi's purchase of Russian oil
·Mumbai, India
Read Full Article"India Will Say Sorry In 2 Months": Top US Official's Big Claim On Tariffs
US Commerce Secretary Howard Lutnick said that despite India owning a strong stance against giving in to US pressure to not buy Russian oil, it will eventually come back to make a trade deal with Washington in a few months.
·New Delhi, India
Read Full ArticleCoverage Details
Total News Sources13
Leaning Left3Leaning Right3Center3Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
Factuality
To view factuality data please Upgrade to Premium