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.
Nepotism, scams, unemployment... what other reasons fuelled violence in Nepal?
The Nepal government ordered all social media apps, including Facebook, WhatsApp, and Instagram,
Many revelations are being made about the stampede that took place during the Jagannath Rath Yatr
Bigg Boss 19 winner's name leaked before the finale, is the list of top 5 finalists also out?
Superstar Salman Khan's reality show, Bigg Boss Season 19, is a fan favorite these days. From TV
PM Modi, who was on a tour of African countries, was honored with 'The Officer of the Order of th
Royal Challengers Bangalore players danced a lot after winning the IPL 2025 title. Its video has
New revelations are constantly being made about the Raja Raghuvanshi murder case. Raja's elder br
Haider Shah, father of Syed Adil Hussain Shah, one of the 26 victims of the Pahalgam terror attac
18 passengers died in a stampede at New Delhi Railway Station on February 15, while many were inj
Bengaluru Stampede Case: Who is Nikhil Sosale? Whom police arrested in Bengaluru stampede case
The Bengaluru police arrested Nikhil Sosale, marketing head at Diageo India for Royal Challengers
After Operation Sindoor, tensions between India and Pakistan are at their peak. Countries around
