Politics & Economy

US farm products, petrochemical, medical devices in India’s 1.9 trillion remarks star-news.press/wp

In India, Monday, the World Trade Organization (WHO) imposed 1.91 million dollars on US imports in avenue against the Trump movement, but 30 days left the window for talks.

The above mentioned people said that the American goods can attract trading and “strategic importance”, including agricultural products, petrochemical and higher medical doctors.

Signs of the movement New Delhi hardened his attitude towards the US continuous trade talks. At the same time, the UK and China has reached comprehension with the US, but no lower – US rates.

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According to ReutersGoyal will lead to commercial negotiations from 16 May, the advance of trade negotiations, both governments said on Tuesday, as the two countries promote a bilateral trading treatise.

The Ministry of Commerce did not immediately respond to an electronic request for comments.

New Delhi wants to seek a commercial agreement with the US, including the steps of the Tump announced on April 9, including Trump’s main trade partners, including 26% of India.

10% base rate in India and many other nations continue to take place during the break.

The US is the largest trade partner in India, a bilateral trade about $ 129 billion FY25. The trade balance is towards India, which has 45.7 trillion surpluses with USA.

India has not officially reported that the US products will focus on avendary, but they represent almonds, apples, chickpeas and lentils in the last movement of India in the past.

It is under the OMA agreement of India’s Sponsoring Action and is in front of Trump February 10, with 25% additional tariffs and additional 10% tariffs in aluminum goods from 12 March.

These measures entered in 2018 and extended in 2020, which is likely to affect $ 7.6 million exports, and the collection of their obligation would be $ 1.91 million.

“Therefore, the suspension proposed by India’s concessions would be equivalent to the products created by the products created in the United States,” India’s communications of WTO.

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“This is a calibrated and legally protected step. We don’t act in the race to protect our economic interests according to the scope of WTO,” said the first person mentioned above.

Steel and aluminum is believed to be politically sensitive industry that forms the spine of India India India’s Indian initiative and is critical to create jobs and industry growth.

The childbirth list may have items that have strategic importance of commercial importance and will deliver proportional economic import without damage to home consumers, the second person mentioned above said.

“If the consultation is not removed from the beginning, 8 June 2025. The Indian has also been eligible to ensure proportional economic response. Ajay Srivastava, a former of global trade research initiative.

India said that the US announced in the communication that the US was reported to OME, but they are basically protective measures. New Delhi also has told the Board of WHO to protect sales and committee sales in the next steps.

The timeline of India’s movements is mainly in line with the disruption of 90 days in the United States in mutual tariffs aimed at exports of India. This temporary suspension of July 8, 2025 offered a short window to explore a settlement trading for both sides. However, unless you get ahead, the Indian goods exported to the US will be in the break of more than 26% in the break.

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Experts said in accordance with Article 12.3 of the Protection Agreement, the deficiency of the compulsory consultation has strengthened the Indian case for Retaliatory action.

India’s last movement is time sensitive, as New Delhi and Washington explores a wider agreement for free trade.

While redialing can add friction to continuous lectures, measured by India, regulations contrasts with the common nature of the US trade actions, with regulations set out in Delhi.

The action also represents a stronger Indian position on trade, especially in political and strategically important sectors such as steel and aluminum, which he did in the Indian promotions.

“It is now dependent on the response of Washington. If a resolution happened, otherwise the response of India’s fare may have in force in early June, in fact, to deepen US exporters and trade frictions,” added Srivastavak.

Industrial directors said for sectors with a close-linked supply chain, which rates can be disruptive.

“We had these challenges as soon as possible. It is very linked to the Global Supply Chains, which is anchor in Consortium, General Consortium of Instrumentia, says Sarvadnya Kulkarni, is an instrument manufacturer.

The consultations sent to the Ministry of Trade on Tuesday were not immediately responded.

In 2019, he established higher Indian rates in 28 US products, including almonds and apples, according to the General Priority System (GSP) and Indian steel and aluminum. The conflict was resolved in 2023 after the Prime Minister of Modi’s visit to Washington. The current movement indicates that India is no longer passive before repeated commercial curls, Srivastava GTRI’s Srivastava added.

Gireesh Chandra Prasad helped this story.

2025-05-13 15:58:00

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