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.
The High Court has made a strong comment on the statement of Madhya Pradesh Minister Vijay Shah o
Salman Khan's 'Sikandar' released on March 30, which received mostly negative reactions from crit
Social media platform X (formerly Twitter) may be responsible for all the content created by its
The India Alliance of opposition parties staged a strong protest in the Parliament premises again
Today marks the beginning of the last month of the year, December. This year, however, could have
Team India had to face defeat against England at Lord's. Due to this defeat, the Indian team has
India-US Trade Deal may be sealed this month, will it no longer be affected by Trump's tariffs?
India and the US are working hard to finalise a beneficial trade deal by the end of this month.
Bihar SIR Row: Hearing on petitions challenging SIR in Bihar; Supreme Court will hear the case today
The apex court will hear today the petitions challenging the Election Commission's move to the SI
Due to the increasing tension between India and Pakistan, many Pakistani people are unfollowing I
Bhuvneshwar Kumar created history in the GT vs RCB match, equaling Dwayne Bravo's IPL record
Royal Challengers Bangalore (RCB) suffered their first defeat of IPL 2025. They lost the match by
