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.
Indian all-rounder Hardik Pandya unleashed a powerful performance in the 5th T20 match against So
Was Esha Gupta Hardik Pandya's dream girl? The bold queen said- we were on a dating stage...
Along with Hardik Pandya's cricket career, his fans are also impatient to know about his love lif
The cricket team of neighboring Pakistan, which had been groaning over the Indian Army's Operatio
Horse and mule riders had a field day during Navratri! So many devotees visited Vaishno Devi.
During the ongoing sacred Sharadiya Navratri, a stream of devotion is continuously flowing at the
The trailer of South Cinema's much-awaited film Thug Life has been released. 70-year-old Kamal Ha
In the 30th match of IPL 2025, CSK team defeated Lucknow by 5 wickets and achieved their second v
Congress MP Priyanka Gandhi has responded to the Supreme Court's remarks. Defending Rahul Gandhi,
Indian cricket team head coach and former BJP MP Gautam Gambhir have received a death threat from
All Party Delegation: Vikram Misri will discuss with the delegation, briefing with MPs going abroad
The central government is sending an all-party delegation to many countries to clarify India's st
Bigg Boss season 19 has entered its third week. Soon, the show will complete a month of being on
