US commerce negotiators are anticipated to achieve India on Tuesday for commerce discussions, Particular Secretary within the Ministry of Commerce, Rajesh Agarwal, stated at a press briefing.
That is the primary in-person commerce talks after the US imposed steep 50 per cent tariffs on India final month. The negotiations, scheduled to happen on August 25, had been additionally deferred following the imposition of those tariffs.
US President Donald Trump, in a social media submit final week, stated that India and the US are “persevering with negotiations to handle the commerce obstacles”. Responding to his submit hours later, Prime Minister Narendra Modi stated each international locations “will work collectively to safe a brighter, extra affluent future”.
To ease the strain of US tariffs on exporters, the federal government can be engaged on a package deal to handle the quick liquidity crunch confronted by producers.
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