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India-US trade talks have reached plateau: Finance minister Nirmala Sitharaman

Asia-Pacific 1 source 1 country 🔦 Under-reported 8m ago

India and the United States have reached a plateau in their bilateral trade negotiations, according to Indian Finance Minister Nirmala Sitharaman. Talks concerning a trade agreement have stalled as both nations encounter difficulties in making further mutual concessions.

The impasse stems in part from the United States' objective to reduce its trade imbalance with India. Additionally, recent legislative changes in the US have impacted the ongoing discussions between the two countries.

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Read the full story at the source Times of India · IN ↗
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