India is facing renewed uncertainty in its trade negotiations with the United States following Donald Trump’s announcement of a 25% tariff on Indian goods, plus an unspecified penalty linked to India’s energy and defense ties with Russia. While India remains committed to securing a balanced and fair bilateral deal, officials stress that rushing into a lopsided agreement is not an option.
With a tentative deadline of October for a potential deal, India must also navigate parallel developments, including China’s advanced trade negotiations and Trump’s new energy deal with Pakistan. The stakes are high for India’s farmers, MSMEs, and its broader economic interests.
#trump #tariffs #usa #india
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