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

A 50% tariff will be imposed on India. America issued a notification; it will be implemented from tomorrow

The US has announced plans to impose a 50 per cent tariff on goods imported from India. This is t

Asia Cup: Despite his success, Suryakumar Yadav's form has raised concerns for India. Is he facing the pressure of captaincy?

The Indian team has entered the final of the Asia Cup 2025 after winning five consecutive matches

Dharmendra Health Update: After 8 days, a full update on Dharmendra's health has come. Fans will be delighted.

Veteran actor Dharmendra returned home from the hospital on November 12th, after a brief illness.

Virat Kohli Test Retirement: Kohli retired from Test cricket, posted information on Instagram

Indian cricket has suffered two major setbacks within a week. After Rohit Sharma, Virat Kohli has

Vice President Election 2025: 'Unanimously...', PM Modi's appeal to all parties including the opposition regarding CP Radhakrishnan

National Democratic Alliance (NDA) Vice Presidential candidate CP Radhakrishnan was felicitated b

Avatar 3 Poster Out: New villain will set the screen on fire in Avatar-Fire and Ash. when will it be released in India?

Hollywood director James Cameron's film 'Avatar' is a craze all over the world. This film is one

IND vs ENG: 'If you are fit then play all the matches', Dilip Vengsarkar targeted Bumrah; also reprimanded Gambhir-Agarkar

Former Indian team captain and former chairman of the selection committee Dilip Vengsarkar has ta

SIR Row: Voter list released for all 293 assembly constituencies except one in Bengal, commission's move amid controversy

The Election Commission has released the 2002 voter list of 293 assembly constituencies of 24 dis

Pakistan Army: Munir's army launched airstrikes against Pakistanis, dropping bombs on sleeping civilians; 30 killed.

Shocking news has emerged from neighboring Pakistan. The Pakistani Air Force has bombed its own c

Trump Zelenskyy Row: America took a big step after the debate with Zelensky, and stopped military aid to Ukraine

The US has taken a big step after Ukrainian President Volodymyr Zelensky's debate with US Preside

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