New Delhi. US President Donald Trump is going to implement reciperook Tariff again from July 9. At the same time, negotiations on the trade agreement between India and the US are going on. Now the newspaper Economic Times has quoted sources as saying that India has placed an important condition in front of the US to make a trade agreement. The newspaper quoted sources as saying that the talks between India and the US for the trade agreement are in the final stages. However, America’s condition will have to be accepted by the US to reach it.
According to sources, India wants a guarantee of America that the Donald Trump administration will not impose any new tax on the products imported from India if there is a trade agreement. Along with this, India also wants tax exemption on leather goods and clothes. According to the news, India wants the tariff to remain stable if there is a trade agreement with the US. India also wants the rule to pay compensation if tax increases in the trade agreement itself. So that it can be kept away from any change in future. It is believed that before July 9, it will be known whether the US agrees on India’s demand.
After assuming US President’s presidency, Donald Trump has been continuously saying that PM Narendra Modi is his good friend, but India takes a lot of tariffs. Trump has also claimed that India is ready to end the tariff. However, no response was given by the Modi government on this claim of Trump. Trump imposed 26 percent recipes on India. However, when he postponed the issue of tariffs till July 9, like other countries, the US implemented a baseline tariff of 10 per cent on products to be imported from India. Recently, there was news that India also wants to end all types of tariffs to make a business agreement.
