US EditionAgriculture a ’Red Line’ in Trade Talks with US, Indian Finance Minister Tells Financial Express
- Indian Finance Minister Nirmala Sitharaman stated on June 30 that agriculture and dairy remain major red lines in current trade talks with the United States.
- The talks occur as both countries rush to finalize a bilateral trade agreement before the US imposes punitive tariffs of up to 26% on July 9.
- India maintains its tariff structure is modest, within WTO limits, and has offered reductions on select US goods while seeking relief on steel, aluminium, and farm products.
- Sitharaman expressed enthusiasm for reaching a substantial and positive trade deal, indicating optimism about concluding the agreement soon despite the prolonged negotiations.
- The outcome will influence trade ties and investment climate, as India balances protection for farmers with demands for greater US market access and economic reforms.
25 Articles
25 Articles
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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 …
Farm products represent tricky terrain in India-US trade talks
In a week’s time the 3-month pause on the US’ unilateral announcement of reciprocal tariffs ends. Agriculture and dairy segments represent India’s “red lines”. However, US pressure to open up these areas may not subside as it seeks to find an alternative to China’s market
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