India's blunt answer on Trump's tariff war, Centre said- 'No agreement has been reached yet'


Posted on 11th Mar 2025 12:00 pm by rohit kumar

Union Commerce Secretary Sunil Barthwal on Monday told the Parliamentary Committee on Foreign Affairs that talks between India and the US are still going on and no agreement has been reached on trade tariffs yet.

 

Talks on bilateral trade between the two countries

 

Several members of the committee expressed concern over US President Donald Trump's claim that India has agreed to reduce tariffs. On this, Barthwal said that no one should trust the US President's claims and media reports as talks on a bilateral trade agreement between the two countries are still going on. India has not expressed any commitment to the US on trade tariffs.

 

India in favor of free and liberal trade

 

Sources said that the Commerce Secretary also said that the country's interests will be taken care of during the trade talks. India is in favor of free and liberal trade which will help in increasing trade between the two countries. Tariff war will not benefit any country including America, rather it can lead to recession.

 

US security concerns

When some members questioned why India was not raising its voice against the tariffs like Canada and Mexico, the commerce secretary said there could be no comparison between the two countries as the US has security concerns and border immigration issues with them.

 

Important for the domestic economy

Barthwal said India would sign mutually beneficial agreements and protect industries that are important for its domestic economy. He said developing countries cannot reduce tariffs on everything. India can reduce tariffs bilaterally and reciprocally, but not multilaterally, which is why bilateral trade agreements are being negotiated.

1 Like 0 Dislike
Previous news Next news
Other news

Stranger Things 5: A massive war will break out on OTT platforms. Will Stranger Things 5 ​​stream in India in a few hours?

Season 5 of Stranger Things is set to release on an OTT platform soon. This most-awaited Hollywoo

Police action in Pune communal violence case, FIR against more than 500 people; 17 detained

On Friday, two groups clashed after an alleged objectionable social media post in Yavat village o

Counting of votes for the BMC elections has begun, but the results will be delayed this time; the reason has been revealed.

Vote counting began at 10 am in 29 municipal corporations across Maharashtra. However, the result

'No enemy of India can escape without punishment, ' Amit Shah said- the forces shook Pakistan with their power.

The BJP on Monday praised the leadership of Prime Minister Narendra Modi and said that in his add

DGCA action on IndiGo: Four IndiGo flight inspectors suspended, CEO Albers appeared in court a day earlier; find out more

IndiGo, India's largest and the world's fifth-largest airline, has been facing the most difficult

"If you don't comply, you'll end up like Maduro...", Trump's threat to Venezuela's new president, Delcy Rodriguez.

Even after the turmoil in Venezuela, Trump's stance remains unwavering. He has threatened Venezue

Nikki Murder Case: 'If he had been shot in the chest, it would have given some relief to my heart', father's plea to CM Yogi- bulldozers should be run on the accused's house

Anyone who heard about the Nikki murder case in the Greater Noida (Gautam Buddha Nagar) district

Avengers: Doomsday Teaser Out: After a long wait, Chris Evans returns as Steve Rogers, and the powerful teaser for 'Doomsday' has been released.

The craze for Marvel Universe films is not limited to overseas audiences; it's also incredibly po

Shubman Gill makes a big demand from the BCCI... suggests a new Test rule to avoid defeats in Test cricket.

Since Gautam Gambhir became the head coach of the Indian team, Team India has suffered two clean

The Revolutionaries: The call of revolution will resonate in every heart, the first look of Bhuvan Bam starrer 'The Revolutionaries' released

Once again, the story of the freedom revolution will be seen. Prime Video has announced its new p

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash