Defence Monitor

Trump tariffs

Trump tariffs a starting point for renewed negotiation, India stays committed: HSBC

Trump tariffs a starting point for renewed negotiation, India stays committed: HSBC

New Delhi, July 31 (IANS) The latest move by US President Donald Trump to slap 25 per cent tariffs on India can actually be a starting point for renewed negotiation and the Indian government's response on staying committed to the negotiations speak to that, HSBC Global Research said on Thursday. President Trump has said he will levy 25 per cent tariff on India and a penalty for buying Russian oil, starting August 1. The US-India trade deal had already reached advanced stages, but for some sticking points, such as the US demanding access to sectors such as agriculture, dairy and…
Read More