Summary
India and the United States are involved in ongoing discussions about a trade deal, according to Sergio Gor, the U.S. ambassador to India. Trade tensions exist due to high U.S. tariffs on Indian goods and disagreements over India’s agricultural market access. Despite previous delays, both countries remain committed to reaching an agreement.
Key Facts
- The U.S. ambassador to India, Sergio Gor, said both countries are actively discussing a trade deal.
- Tensions in negotiations have been partly due to the U.S. imposing 50% tariffs on Indian goods.
- The U.S. wishes to access India's agricultural market, but India has resisted this.
- There are historical trade disagreements, including those related to India's purchase of Russian oil.
- Despite these issues, the U.S. and India are also working together on security, technology, and health.
- Recent claims by the U.S. suggest India is responsible for delays in the trade deal, which India denies.
- President Trump and Indian Prime Minister Modi have had cooling relations, although discussions continue.
- Separately, Trump has warned of increased tariffs if India continues buying Russian oil.
