Summary
India and the United States are holding a day of trade discussions to explore ways to resume stalled negotiations on a trade agreement. The talks come after US President Donald Trump imposed high tariffs on Indian goods, affecting exports and straining relations between the two countries. The meeting is being watched closely as both sides aim to address key disagreements, especially in agriculture and dairy sectors.
Key Facts
- India and the US are meeting for a day to discuss trade talks that had stalled.
- US trade negotiator Brendan Lynch is leading the US team in Delhi.
- President Trump imposed a 50% tariff on Indian goods, affecting trade relations.
- India continues to buy Russian oil, which has contributed to tensions.
- India is a major exporter of garments, shrimp, gems, and jewelry to the US.
- Agriculture and dairy access to India are major points of contention in negotiations.
- Recent discussions signal a possible softening of positions by both countries.
- The US Commerce Secretary criticized India for restricting access to its agricultural market.
