According to a report on the Bloomberg News website on August 7, people familiar with the matter revealed that after US President Trump decided to impose 50% tariffs on Indian goods, New Delhi officials are considering what trade concessions they can make to the US. People familiar with the matter, who asked not to be named, said that India sees the 21-day window before the new tariffs are fully effective as an opportunity to continue negotiations with the Trump administration. They also said that at this stage, the Indian government has no plans to carry out retaliation. These people familiar with the matter said that as India adjusts countermeasures, reaching a potential trade agreement with the US is one of India's top choices. Officials are evaluating whether some concessions can be made, particularly in agriculture and dairy, to meet US requirements while minimizing the impact on domestic producers.

Zhitongcaijing · 08/08 04:33
According to a report on the Bloomberg News website on August 7, people familiar with the matter revealed that after US President Trump decided to impose 50% tariffs on Indian goods, New Delhi officials are considering what trade concessions they can make to the US. People familiar with the matter, who asked not to be named, said that India sees the 21-day window before the new tariffs are fully effective as an opportunity to continue negotiations with the Trump administration. They also said that at this stage, the Indian government has no plans to carry out retaliation. These people familiar with the matter said that as India adjusts countermeasures, reaching a potential trade agreement with the US is one of India's top choices. Officials are evaluating whether some concessions can be made, particularly in agriculture and dairy, to meet US requirements while minimizing the impact on domestic producers.