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

Hera Pheri 3 Controversy: The controversy is resolved, Paresh Rawal is returning as Babu Bhaiya in 'Hera Pheri 3', confirmed by himself

The audience is eagerly waiting for the third part of the film 'Hera Pheri'. But, when the news s

US Tariffs: Trump imposed a 25% additional tariff on India, a fine on buying Russian oil; a new decision effective from August 27

US President Donald Trump has imposed an additional 25 percent tariff on India. This tariff has b

Did Trump threaten not to trade for a ceasefire? India rejects the US President's statement

A ceasefire has been declared between India and Pakistan. A ceasefire was agreed between the two

Mhow Violence: 4 cases of assault, arson and vandalism registered; Police in action mode after uproar in Mhow, 13 arrested

Team India's spectacular victory in the final of the ICC Champions Trophy was celebrated across t

Sachin Tendulkar: 'Should I send my Aadhaar card too?' Sachin Tendulkar's funny reply, fans are surprised; he also took a dig at umpire Bucknor

Cricket's 'Master Blaster' Sachin Tendulkar's funny response to a fan's question during a recent

Tej Pratap Yadav: 31.49 lakh followers on social media; How many photos of Tej Pratap's alleged girlfriend are viral?

Rashtriya Janata Dal national president Lalu Prasad Yadav's elder son, Bihar's former minister in

IND vs NZ: Tilak Varma's health suddenly deteriorated, requiring surgery; he is certain to miss the New Zealand series.

The Indian team has suffered a major setback ahead of the 2026 T20 World Cup. Tilak Varma, the he

Dhanashree: Is there still a place for Chahal in Dhanashree's heart? Deleted photo of Re-store, fans said- Dil Jalta Hai…

For a long time, there have been rumors of the separation of choreographer and social media perso

Will air purifiers become cheaper in Delhi-NCR? Delhi High Court seeks a response from the central government within 10 days.

The Delhi High Court heard a petition on Friday seeking a reduction in GST on air purifiers. Duri

Trouble for the makers of Dhurandhar, Major Mohit Sharma's family approaches Delhi High Court

Directed by Aditya Dhar, Dhurandhar's film is just seven days away from release. The film has bee

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