Bilateral Trade Agreements

India Rejects Trump’s Tariff Demands, Citing Economic Risks

Despite President Trump’s claim that India agreed to significantly reduce import tariffs, the Indian government denies making such a commitment. Instead, India clarified that ongoing discussions focus on a broader, long-term bilateral trade agreement, not immediate tariff reductions. This clarification follows Trump’s criticism of India’s high tariffs and comes amidst rising trade tensions between the two nations. While both countries acknowledge a strong relationship and ongoing negotiations, no concrete tariff concessions have been finalized.

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