America mutual tariff: US President Donald Trump has announced the installation of mutual tariffs (such as Ko Tit) from 2 April. Trump’s intention behind this is to put tariffs on the products of countries that put heavy tariffs on American products. Meanwhile, the Government of India will now try to get exemption from mutual charges being levied by the US. A group of American officials are coming to India today to discuss the matter. The purpose of these talks is to interact on bilateral trade agreement.
American officials will visit India from 25 to 29 March.
The group coming from the US to India will include a team of US officials on a visit to India from 25 to 29 March for South and Central Asian affairs. Information was given by the American Embassy. Meanwhile, the Government of India will make a proposal before the US officials that India be given relief from the mutual charges levied by the US. This tariff is going to be implemented from April 2.
Bilateral trade and economic relations will be strengthened.
According to a report, the outline of the bilateral trade agreement between the two countries will be discussed during the talks. After this, a formal dialogue on this agreement will begin. It is being said that Brendon Lynch can also meet Indian Foreign Secretary Vikram Mistry. The Ministry of Commerce and Industry has said, “We expect better discussions with the American delegation and will achieve something.” This will further strengthen our bilateral trade and economic relations.
India’s import policy is wrong for American trade
According to the US, India is one of the highest average tariff rate countries in the world. This is the reason that America is considering putting more tariffs on India. Trump has repeatedly termed India’s import policy wrong for American trade. Recently, he said that the country will not be exempted from mutual charges.
