On Monday, the government informed the parliamentary position for external matters that the US has driven a hard bargain with all countries with which it has completed bilateral trade agreements. The government gives details about the American deals with Japan, Zuid -Korea, Vietnam and the EU and pointed out that the extra rates for all these countries have been adjusted or lowered, but not completely removed despite the heavy concessions that have been extracted in exchange.
The government said that India is formulating an export diversification strategy to divest the stroke of the rates, although there are still efforts to negotiate a bilateral trade agreement (BTA) with the US. At the same time, India is stuck with not admitting sensitive sectors. Foreign Secretary Vikram Miskri and trade secretary Sunil Barthwal informed the Permanent Committee led by Congress Member of Shashi Tharoor about developments with the US.
“It was repeated by the government that India would not exceed its red lines in the BTA negotiations, including in agriculture and dairy products. It was emphasized that in exchange for adapted rates, the countries that deals with the US had to provide a massive trade -related concessions to the US, including a tariff removal, and the purchase of purchase.
BTA -Patstelling
A team of trade officers from the US is planned to visit New Delhi on 25 August for the next round of the BTA interviews, but after the US President Trump said that the tariff issue had to be resolved before more negotiations, there is confusion. “The US has not transferred anything to a change in schedule for the next round of conversations or the cancellation,” said the source.
The constant stalemate on the BTA has tightened the awareness in India that there is an urgent need to diversify and not dependent on one large market.
“The trade department has identified the top 50 export destinations where shipments can be increased by offering targeted support. India could also try to export more to countries that were less seriously treated by the US, such as the VAE, because they may need more intermediary goods,” explained another civil servant.
Targeted efforts are made to get the most from the existing FTAs of India with countries such as the VAE, Australia, Asean, Japan, Korea and Mauritius, the officials told the Permanent Committee.
“Preparations are also being made to use the new FTAs signed at EFTA countries and the UK, as soon as these agreements come into effect. Negotiating teams also try to accelerate constant negotiations with partners, such as the EU, based on mutual advantageous and balanced trading principles,” De Source said.
US President Donald Trump has imposed successive executive orders and imposed the total levies imposed by India up to 50 percent, much higher than the competitor’s countries.
Published on August 11, 2025
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