India Halts US Trade Talks Amidst Tariff Uncertainty
It appears that India has decided to put the brakes on planned trade talks with the United States. This comes on the heels of a significant Supreme Court ruling in the U.S. that effectively threw out previously implemented tariffs. This development paints a rather uncertain picture for international trade negotiations, especially those involving the U.S. at this particular moment.
One can easily understand India’s position here. The idea of entering into serious trade discussions when the global tariff landscape is in such flux doesn’t seem particularly productive. The notion of a 15 percent global tariff rate, for instance, would logically make anyone pause and reconsider the immediate benefits of striking a deal right now.… Continue reading
Matt Underwood