India-US Trade Talks Stall as Delhi Focuses on Protecting Sensitive Sectors
News: India-US trade talks have stalled as India resists US demands to lower duties on agricultural products like maize and soybean, citing domestic farmer welfare and concerns over genetically modified foods.
With a July 9 deadline approaching for new US tariffs—10% on all imports and 26% on select countries including India—negotiators remain at odds over tariff adjustments and product inclusions.
India is prioritizing protection for sensitive sectors like agriculture and dairy, rejecting any rushed deal that undermines rural livelihoods or food security.
Despite pressure, India is not panicking over the tariffs and refuses to retaliate. Commerce Minister Piyush Goyal emphasized that any agreement must be fair and balanced. Further negotiations are planned as both sides seek a win-win outcome.
Source: logisticsinsider
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