India won’t budge on sensitive sectors in trade deal with US: Sources

government sources told Business Today TV on Tuesday that India has set its best football negotiations with the United States. The sources said that India cannot budge in the sectors that could harm sensitive local industries. The White House evaluates the proposal made by India and must return soon.

On Monday, the United States decided to delay the imposition of a mutual tariff until August 1, allowing more time to settle issues between New Delhi and Washington before the completion of a temporary trade deal.

On April 2, US president Donald Trump announced mutual definitions against a group of countries, including India (26 percent), but stopped carrying out these duties for a period of 90 days, giving all commercial partners the deadline until July 9 to reach a deal.

On Tuesday, Trump said Washington is approaching a trade agreement with India as part of a wider batch to reduce the American trade deficit and use customs tariffs as a financial leverage tool. “We are about to hold a deal with India,” Trump told reporters during a special dinner with Israeli Prime Minister Benjamin Netanyahu. “We have concluded a deal with the United Kingdom. We have concluded a deal with China.”

Trump’s comments came shortly after the United States imposed a new tariff on imports from fourteen countries, a step aimed at addressing continuous commercial imbalances and enhancing the negotiation situation in management.

Earlier, the Minister of Trade Piyush Goyal explained that India will not be transferred to the signing of commercial agreements and that the free trade agreement should be a victory. Joyl said: “India is never negotiating commercial deals based on the final dates. Our focus is always on fairness and what benefits the country.”

Days later, the Federation’s Minister of Agriculture, Chevroj Singhhan, said on Sunday, “The First Nation” is our Mwman. No negotiations will take place under pressure. Negotiations will take place with the interests of farmers in mind. India will not be exposed to any kind of pressure. “

A high -level Indian delegation held discussions in Washington, focusing on a temporary agreement. The United States has requested customs tariffs on industrial products, electric cars, wine, petrochemical, dairy and agricultural tools such as apples and tree nuts. Meanwhile, India has given the priority to the export export sectors, including textiles, leather, gemstones, jewelry, shrimp, banana and grapes.

Agricultural and dairy products are still the main points. These sectors are deeply included in the rural economy and politics in India. India has constantly kept dairy from all previous commercial agreements, as officials cite the weaknesses of young farmers. According to the World Trade Research Initiative (GTRI), highly supported American exports such as dairy, poultry, soybeans, rice, and rice pose a serious threat to the agricultural economy in India.

“The customs tariff discounts on American agricultural goods can undermine India by exposing small farmers to cheap and supported imports and global price fluctuations,” said GTRI Ajay Srivastava. “India must keep the customs tariff flexibility to protect more than 700 million rural livelihoods and avoid repeating the previous mistakes made under global trade deals.”