US-India trade talks progress, no signs of deadlock

According to official sources, the discussions between the United States and India are moving smoothly, without a deadlock, according to official sources. Current negotiations are focused on the development of the wise tariff approach of the sector, which can be implemented in stages. Officials are studying the possibility of moderation of high-demand goods in terms of significant trade, ensuring mutual economic benefits.

The possible development of India is significant in the discussions in certain areas, which can promote export competitiveness. Unlike previous trade negotiations, where India has been club with Mexico, Canada or China, this stage of negotiation recognizes the clear position of India and economic priorities.

A high-ranking Indian official stressed the consensus within the framework of the administration to strengthen trade relations with the United States. However, the full trade agreement remains final in a short period of two days, taking into account the complexity of wonderful issues, said an official.

Several proposals under discussion may require legislative and procedural ratification in both countries before implementing them.

Negotiations are held against the background of a wider economic strategy of India, which includes diversification of trade partnerships and attracting foreign investment. Tensions between the United States and China have led to the transfer of supply networks, India positioned itself as an alternative production hub.

In addition, the United States wants to deepen its commercial involvement with India, taking into account the growing market size and strategic importance in global trade networks.

In an interview with Nor Minnamax, President Donald Trump said that tariffs are probably more “milder than mutual”.

“I know that there are some exceptions, and it is a continuous discussion, but not many, no exceptions,” the President added.

Although sensitive problems remain, both sides are strong readiness to solve differences and establish a stable trade framework.

The United States has declared new imports to 25% of imports of cars and car parts in the United States yesterday. President Trump noted that the latest tariffs will take effect on April 2, accusations of enterprises importing vehicles beginning the next day.