Modi Refuses to Accept Unilateral Actions of Trump, India-U.S. Trade Deal Unlikely Soon | Capital TV
India and the United States are reportedly unlikely to sign a bilateral trade agreement in the near future. According to recent reports, Prime Minister Narendra Modi has maintained a firm stance against accepting unilateral trade actions and pressures from former U.S. President Donald Trump's administration. Negotiations have faced persistent hurdles as both nations struggle to find common ground on key economic and tariff-related issues. While diplomatic talks between Washington and New Delhi remain ongoing, critical differences persist regarding market access for American agricultural and dairy products, alongside India's demands for the restoration of preferential trade benefits. Consequently, trade experts indicate that a comprehensive economic pact is improbable at this stage, reflecting the complexities of managing bilateral relations between the two democracies amid differing domestic economic priorities.
India and the U.S. are unlikely to sign a trade deal until the U.S. launches a series of fresh ‘Section 301 investigations’, concludes them, and places tariffs on India’s competitors such as Pakistan, Sri Lanka and the Philippines, according to media reports.
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