GTRI report (Global Trade Research Initiative) suggests that India should withdraw from trade negotiations with the U.S., similar to how China and Canada have retreated from U.S. trade pressures. The report claims that the U.S. is deliberately pressuring India to accept its trade demands, which could harm India’s interests.
Ajay Srivastav, founder of the Global Trade Research Initiative(GTRI) said that “The United States President Mr. Donald Trump is publicly insulting India with inaccurate information. In such a situation, a balanced outcome seems impossible. India should consider stepping back from all negotiations and get ready to handle them as other countries are doing.”
GTRI report on Trump Tariffs Full info
What was the Donald Trump statement on India?
Everyone knows that India and United states are friendly country but Donald Trump has been making statements about India, causing mixed opinions among Indians about whether he is friendly towards India or not. Donald Trump accused India of exploiting the U.S., using strong language like “exposing them for what they have done,” which is unusual for a friendly country.
United States of America has made some pressure on India: The U.S. is pushing India to open its agricultural markets and reduce tariffs, which could negatively impact Indian farmers and the agricultural sector. The U.S. Commerce Secretary has demanded a comprehensive trade deal with India, refusing to negotiate product-by-product, which could lead to unfavorable terms for India.
Some Indian reports claims that the Trump administration presents inappropriate data.
The Trump administration has been accused of using incorrect data to criticize India, such as claiming a $100 billion trade deficit with India, which is factually inaccurate. India’s weighted tariffs on U.S. goods are only 4.9% higher than U.S. tariffs on Indian goods, contradicting the U.S. narrative of India being a “tariff king.”
Impact of sensitive sectors on India: Opening up sectors like agriculture and automobiles could harm India’s economy, as these sectors employ a large portion of the population. For example, reducing tariffs on automobiles could devastate India’s auto industry, which contributes significantly to the GDP.
GTRI report Recommendations
GTRI report suggests that India should adopt a “zero-for-zero” approach, where both countries eliminate tariffs on 90% of industrial goods, but India should protect sensitive sectors like agriculture and automobiles. GTRI report has also stated that “India should avoid a comprehensive trade deal with the U.S. to prevent future pressures on issues like government procurement and agricultural subsidies.”
Some countries are in shock that why India is not taking strong steps against US policies. Many countries are standing up against Trump’s trade policies, and India should consider doing the same to protect its interests. The GTRI report emphasizes that India should not rush into agreements that could lead to long-term economic harm.
Understanding GTRI: The Global Trade Research Initiative
GTRI (Global Trade Research Initiative) is a specialized think tank focused on international trade analysis. We cut through the noise of global commerce to deliver practical insights that matter.
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