Now Reading: Rubio signals imminent beneficial sustainable US-India trade deal
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Rubio signals imminent beneficial sustainable US-India trade deal
Rubio signals imminent beneficial sustainable US-India trade deal
Millenniumpost reports that US Secretary of State Marco Rubio said on Sunday that India and the US are close to finalising a trade agreement that will be 'beneficial' and 'sustainable' for both…
The Story in Brief
Millenniumpost reports that US Secretary of State Marco Rubio said on Sunday that India and the US are close to finalising a trade agreement that will be 'beneficial' and 'sustainable' for both sides. He spoke after talks with External Affairs Minister S Jaishankar in New Delhi, which covered trade, critical minerals, energy and defence. Rubio said the US trade representative may visit India soon.
The agreement aims to address the trade imbalance, which Rubio stressed is not aimed at India but part of a global recalibration by the Trump administration. Jaishankar called for an early interim deal as a step towards a comprehensive bilateral trade agreement, as envisioned after PM Modi's February 2025 meeting with President Trump.
The Indian Opinion
The US insists its trade recalibration is not aimed at India, but the 50% tariffs on Indian exports tell a different story. Indian readers should watch whether the impending deal actually rolls back those levies. The true measure of a 'beneficial' agreement is not diplomatic language but hard numbers: will India secure tariff relief on steel, pharma, and energy purchases? That is the test.
Source: millenniumpost.in
This story was synthesised by AI from the source linked above.
