India says it is not committed to reducing import duties on American products, a few days after President Donald Trump announced that New Delhi has agreed to “reduce its tariff”.
In his second term only weeks, Trump has extended global trade, equally targeting friends and enemies. He has also blamed all the business partners of “unfair” practices, and has announced a mutual tariff on several countries including India to start from next month.
Trump once again raided India’s “large -scale tariff” last week.
“You cannot sell anything in India, it’s almost restrictive,” said Trump.
He said, “They have agreed, by the way, they want to lower their tariffs now because someone is finally exposing them what they have done.”
But the Government of India told a parliamentary panel that “there was no commitment to the US on the issue,” a report in a report The Times of India The newspaper said on Tuesday.
The government has “sought time till September to address the issue of repeated flags by the US President,” he said.
India’s Commerce Secretary Sunil Barthwal “said that India and America were working towards a mutually beneficial bilateral trade agreement, focusing on long -term trade cooperation rather than demanding immediate tariff adjustments”.
Last month, Prime Minister Narendra Modi, who visited the White House last month, shared an approved coordination with Trump, who said that he shares “special bonds” with the Indian leader.
PM Modi said that the world’s largest and fifth largest economies will work on “mutually beneficial trade agreements” to seal “very soon”.
While the United States is an important market for India’s information technology and service sectors, Washington has earned billions of dollars in new military hardware sales to New Delhi in recent years.
Trump could visit India from Quad to the summit of the heads of the state later this year-a four-way group of Australia, India, Japan and the United States.
(Except for the headline, the story has not been edited by NDTV employees and is published by a syndicated feed.)
