US Corn Sales to India Stumble Amid Trade Tensions and Doubts
Commerce Secretary Howard Lutnick stated that India’s trade practices with the U.S. are imbalanced, with India benefiting from U.S. markets while imposing tariffs on American goods, like corn. He highlighted the lack of reciprocal trade, citing the country’s large population that doesn’t purchase U.S. agricultural products. Lutnick emphasized President Trump’s stance on fair and reciprocal trade, warning that India must lower its tariffs to maintain a favorable business relationship with the U.S. He also noted the administration’s imposition of high tariffs on India, which the Indian government has deemed unfair.
John Q. Hosedrinker