No New Tariffs After Bilateral Trade Agreement: India Wants US Assurance

India wants an assurance from the USA that no additional tariffs will be imposed by the Donald Trump administration once the Bilateral Trade Agreement (BTA) is finalised, said people familiar with the matter. The deal is in the final stages of negotiations and both sides are hopeful of reaching accord quickly. India has sought concessions for labour-intensive sectors such as leather and textiles etc. “We have put everything on the table,” said one of the officials, adding that India wants longer stability in tariffs once a deal is rolled out.

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