Trump, India and tariffs
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Indian and U.S. are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of an interim deal, two government sources said, with an announcement likely later this month.
Trump's tariffs slashed farm exports, raised input costs and left farmers reliant on unsustainable bailouts, experts warn.
Trump supports tariffs to balance U.S.-India trade, with Lutnick urging early cooperation and reasonable market access to reduce the trade deficit.
U.S. investments in India will grow despite tariff threats, says WTCA Chairman John Drew. Apple to continue expanding in India; foreign trade and business sentiment expected to rebound in H2 2025.
A team of US officials is visiting here from June 5 to hold talks with their Indian counterparts on the proposed pact
India and the U.S. are in final talks to cut tariffs on key sectors like agriculture and autos, aiming to announce an interim trade deal.
The legal confusion over tariffs has buffeted U.S. trading partners around the world, casting doubt on the durability of Trump’s favorite bargaining tool.
Earlier this month, Trump threatened Mattel with a 100% tariff on all its toy imports after Mattel CEO Ynon Kreiz said the company would have to consider raising some toy prices due to tariffs and that it wouldn’t shift toy production to the United States, as that would be more expensive than paying the tariffs.
As a US delegation arrives in New Delhi to negotiate a bilateral trade deal, India is observing the concessions Washington made to other nations, to make the best out of the deal negotiations.