Amid Tariff Tussle, India's External Affairs Minister S Jaishankar Makes Big Statement on Trump
In a significant development, India's External Affairs Minister S Jaishankar has made a bold statement regarding the ongoing trade negotiations between India and the United States. Speaking to media, Minister Jaishankar expressed his thoughts on the current state of India-US trade relations, which have been marred by a tariff tussle.
According to sources, India and the US are engaged in two parallel negotiations - one on a framework trade deal to address tariffs and another on a comprehensive trade deal. Minister Jaishankar's statement comes at a time when both countries are trying to find common ground on a range of issues, including trade and security.
In his remarks, Minister Jaishankar said, "The US has set radically different expectations for its trade relationships with different countries, including India." He also mentioned China, saying that Beijing's economic model is not sustainable and that the US is right to be concerned about its implications.
The minister's statement is seen as a significant development in the ongoing trade talks between India and the US. India has been seeking to address its trade deficit with the US, which has been a major point of contention. The two countries have also been engaged in discussions on issues such as intellectual property rights and services trade.
While Minister Jaishankar's statement has generated significant interest, its implications are still unclear. However, one thing is certain - the US and India are at a critical juncture in their trade negotiations, and the outcome will have significant implications for both countries and the global economy. As the talks continue, one thing is clear: both sides will have to find a middle ground that addresses their concerns and paves the way for a mutually beneficial trade deal.
