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

Shreyas Iyer: 'He replied to my message...' Suryakumar Yadav shared information about Shreyas's health; revealed his condition.

Indian T20 captain Suryakumar Yadav has provided information on Shreyas Iyer's health. Ahead of t

ASI increased the security of Aurangzeb's tomb in Maharashtra, the central government answered in Rajya Sabha; and told why this step was taken

The Government of India on Thursday said that the Archaeological Survey of India (ASI) is continu

NISAR: What is NISAR, a joint satellite mission of ISRO and NASA? Know what the benefits will be.

The Indian Space Research Organization (ISRO) is going to launch a satellite on Wednesday evening

Shama Mohamed, who called Rohit Sharma 'fat', celebrated India's victory, praised the captain, and called herself innocent.

Congress leader Shama Mohammed, who called Indian team captain Rohit Sharma fat, posted on 'X' an

Vaishno Devi: 30 people died in a landslide on the Vaishno Devi Yatra route, Jammu's rail-road connectivity with the country was cut off; alert today too

30 people have died due to a landslide in the Ardhkumwari area of ​​​​the Shri Mata Vaish

Virat Kohli celebrated his victory with his wife, Anushka Sharma, after scoring a century, with beautiful pictures that won hearts.

Bollywood actress Anushka Sharma and Indian cricketer Virat Kohli are considered one of the count

SCO Summit: Three superpowers on one platform; PM Modi, Putin, and Jinping seen together, the world saw the most powerful picture

A very powerful picture emerged from the platform of the Shanghai Cooperation Organization (SCO)

Gadar 3: Director reconciles with 'Sakina', is Sunny Deol's Gadar 3 back on track?

After a long wait of 22 years, Sunny Deol made a comeback with Gadar 2 in 2023. His film proved t

PM Modi Namibia Visit: Meeting with the President, address in Parliament... PM Modi reached Namibia after Brazil; Know the full schedule.

Indian Prime Minister Narendra Modi arrived in Namibia's capital Windhoek this morning. He was gi

Like coach Dravid, will Sanju Samson also leave RR before IPL 2026? Inside news came out

Indian team's star batsman and long-time Rajasthan Royals player Sanju Samson's relationship with

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