India - US Tariff and Relations | News + Updates

[vasanthm]

I agree, opening up is not a bad thing, but Modi put his flag on the hill of protecting Indian farmers and agri. They have been thrown under the bus

Why get triggered by Modi’s 'saving farmers' claim? That’s just how electoral politics works. You can’t sell good policy directly, you have to wrap it in impractical slogans so it gets accepted. The real benefits show up decades later.

Same thing happened when India started importing computers, there was drama about bank tellers losing jobs. Same when we opened up in the 90s. Every reform faces this noise first.

 

[Yasser76]

Why get triggered by Modi’s 'saving farmers' claim? That’s just how electoral politics works. You can’t sell good policy directly, you have to wrap it in impractical slogans so it gets accepted. The real benefits show up decades later.

Same thing happened when India started importing computers, there was drama about bank tellers losing jobs. Same when we opened up in the 90s. Every reform faces this noise first.

Not triggered at all, just happy point out the vast schism between what India claims and reality....

 

[Vikramaditya1]

With or without the US deal we are fine as shown in the last few months. The US immediately wanted a deal because countries like India started to source from other places and we started finding other markets, which gave an impression that the US is slowly retreating. This was also unsustainable as the new ambassador, an insider of the admin is here trying to build ties so the tariff had to go.

Now regardless it's a win for us, our exports are going to increase at a higher rate.

 

[vasanthm]

India grants duty concession to US on just 5 lakh tonnes of DDGS under trade pact

India has granted a quota-based duty concession on only 5 lakh tonnes, which is equivalent to just 1 per cent of the total consumption of dried distillers' grains (DDGS), under the first phase of the bilateral trade pact, an official said.

english.varthabharati.in

This is getting silly, even with very limited number agri byproducts allowed there is a low quantity limit

"India grants duty concession to US on just 5 lakh tonnes of DDGS under trade pact"

 

[Baibers_1260]

Ram ram ji,

I humbly request you to do better research before you post. Sikh farmers are concentrated in Punjab, and the major crops grown in Punjab like wheat and rice are completely outside the purview of the trade agreement.

जय श्री राम ।

For our education, could you quote an extract from the US-India trade agreement (mentioning the Clause number and reference) that specifies which agricultural products from the USA will be banned from import into India ?

Have the details of the Trade Agreement been released in Parliament?

Thank you.

 

[Yasser76]

जय श्री राम ।

For our education, could you quote an extract from the US-India trade agreement (mentioning the Clause number and reference) that specifies which agricultural products from the USA will be banned from import into India ?

Have the details of the Trade Agreement been released in Parliament?

Thank you.

Nope, but the deal is great for India according to social media and "Trust me bro"/

Dont ask for things like trade deal details or combat plane losses in India....

 

[Baibers_1260]

Nope, but the deal is great for India according to social media and "Trust me bro"/

Dont ask for things like trade deal details or combat plane losses in India....

The gentleman from Keshav Kunj with the "traditional" greeting earns his Rs.2. per post saying the deal is the greatest event since Samrat Dhananand of the Nanda dynasty struck maritime trade deals from 329-320 BCE.

 

[RamBharose]

जय श्री राम ।

For our education, could you quote an extract from the US-India trade agreement (mentioning the Clause number and reference) that specifies which agricultural products from the USA will be banned from import into India ?

Have the details of the Trade Agreement been released in Parliament?

Thank you.

Ram ram Baibers_1260 ji,

I am sorry to say but you seem to be quite naive and ignorant about how the trade agreements, especially those being helmed under Trump Sahab's administration, work.

In general, the text of an agreement will focus on the areas of disagreement, not those of disagreement. The areas that are not covered under the agreement would be the areas of disagreement only by implication, and not by explicitly highlighting them in the text.

I have already shared the joint statement that has been put up on the White House website on this thread. It explicitly mentions the categories of agricultural goods for which India will reduce or eliminate tariffs. By implication, there will be no change in the tariff structure for the categories of goods that are not mentioned in the joint statement. In the case of the India-US statement, dairy and food crops like wheat, rice and sugar are not included in, and, hence, by implication, excluded from the agreement and imports of those will continue to be subject to existing restrictions.

By the way, I don't think India has technically banned the import of any agricultural products from most countries. Where inports need to be discouraged, they have either been tariffed heavily; or face non-tariff barriers like requiring compliance with arduous standards; or require explicit approvals which are rarely granted, as in the case of GM food crops.

The details formally agreed to are in the publically released joint statement on the White House. Further details are still being formally negotiated. Parliament will only be involved once all the eyes are dotted and tees are crossed and laws need to be amended to facilitate the concessions made to the US. This situation is not unique to India, incidentally. President Trump has kept Congress out of the loop on tariffs to the extent of his administration facing a lawsuit which the SCOTUS will soon release its verdict upon. Since these are agreements and not formal treaties, Parliament in other countries like the UK has also had a limited or no role. In India's neighboring countries and in most others, the formal details of concessions made to the US are still not public and Parliaments have been kept out of the loop, even though the agreements were announced several months ago.

 

[Baibers_1260]

Ram ram Baibers_1260 ji,

I am sorry to say but you seem to be quite naive and ignorant about how the trade agreements, especially those being helmed under Trump Sahab's administration, work.

Personal remarks aside you didn't answer my question.

In general, the text of an agreement will focus on the areas of disagreement, not those of disagreement. The areas that are not covered under the agreement would be the areas of disagreement only by implication, and not by explicitly highlighting them in the text.

Your AI editing algorithm needs tweaking to eliminate oxymorons. Janpadh vernacular medium schools in UP give marginal English language education which AI editing doesn't always compensate.

I have already shared the joint statement that has been put up on the White House website on this thread.

I asked for the relevant clauses from the trade agreement not a general "White House statement "

It explicitly mentions the categories of agricultural goods for which India will reduce or eliminate tariffs. By implication, there will be no change in the tariff structure for the categories of goods that are not mentioned in the joint statement.

Was this discussed in Parliament?

In the case of the India-US statement, dairy and food crops like wheat, rice and sugar are not included in, and, hence, by implication, excluded from the agreement and imports of those will continue to be subject to existing restrictions.

The US agriculture secretary issued a non-specific statement that did not exclude dairy products. So what exactly is excluded?

By the way, I don't think India has technically banned the import of any agricultural products from most countries. Where inports need to be discouraged, they have either been tariffed heavily; or face non-tariff barriers like requiring compliance with arduous standards; or require explicit approvals which are rarely granted, as in the case of GM food crops.

Tariffs are one way to reduce imports without specifically banning these. It's a common practice

The details formally agreed to are in the publically released joint statement on the White House. Further details are still being formally negotiated.

A joint statement from the White House or India's Prime Minister office is not an agreement , An agreement which is normally signed by the respective Commerce Ministries or Departments ratified by the respective Parliaments or Congress,

Parliament will only be involved once all the eyes are dotted and tees are crossed and laws need to be amended to facilitate the concessions made to the US. This situation is not unique to India, incidentally. President Trump has kept Congress out of the loop on tariffs to the extent of his administration facing a lawsuit which the SCOTUS will soon release its verdict upon.

So is it a formal trade agreement or just optics? What does your AI tool say ?

Since these are agreements and not formal treaties, Parliament in other countries like the UK has also had a limited or no role. In India's neighboring countries and in most others, the formal details of concessions made to the US are still not public and Parliaments have been kept out of the loop, even though the agreements were announced several months ago.

So whatever "joint statement " you put up on this thread is naive, Cutting and pasting from Grok/Chat GPT hasn't seemed to produce an answer except produce a message with garbage. Keshav Kunj needs to provide better AI support.

 

[RamBharose]

Personal remarks aside you didn't answer my question.

Your AI editing algorithm needs tweaking to eliminate oxymorons. Janpadh vernacular medium schools in UP give marginal English language education which AI editing doesn't always compensate.

I asked for the relevant clauses from the trade agreement not a general "White House statement "

Was this discussed in Parliament?

The US agriculture secretary issued a non-specific statement that did not exclude dairy products. So what exactly is excluded?

Tariffs are one way to reduce imports without specifically banning these. It's a common practice

A joint statement from the White House or India's Prime Minister office is not an agreement , An agreement which is normally signed by the respective Commerce Ministries or Departments ratified by the respective Parliaments or Congress,

So is it a formal trade agreement or just optics? What does your AI tool say ?

So whatever "joint statement " you put up on this thread is naive, Cutting and pasting from Grok/Chat GPT hasn't seemed to produce an answer except produce a message with garbage. Keshav Kunj needs to provide better AI support.

Ram ram ji,

I do acknowledge the typo: I obviously meant, "areas of agreement, not of diagreement". I would like to point out that it is an embarrassing error, and not, contrary to your understanding, an "oxymoron" - which is a deliberately, and, usually, cleverly, employed figure of speech.

I suppose I should be flattered that you believe I am using an AI bot to post on this forum. I am here only for entertainment and to practice meditation, and using an app to answer the inane questions posted here would too much of a bother.

I did carefully read your post and considered responding to the more substantive questions, but, given the level of yout understanding of the subject you have demonstrated, I fear my response would just be lost upon you. If you genuinely wish to find the answer to these questions, I would urge you to research the modus operandi followed by the Trump administration and the counterparty for "agreements" entered into by other countries such as Vietnam, Indonesia, Pakistan, UK, etc. Once you have understood how those "agreements" were structured, my answer, after you excuse the typo I have already acknowledged and others you may find, and which was sadly written without any AI input, might possibly seem more insightful.

Since the moderators and admins, have already thread-banned me from several threads, it is quite possible they might take umbrage at this post as well and ban me yet again, perhaps for good from the forum. Therefore, while I still have the opportunity, I would like to thank you profusely for the immense help that you have been to my meditation practice.

 

[vasanthm]

जय श्री राम ।

For our education, could you quote an extract from the US-India trade agreement (mentioning the Clause number and reference) that specifies which agricultural products from the USA will be banned from import into India ?

Have the details of the Trade Agreement been released in Parliament?

Thank you.

It’s not about banned items, it’s the other way around. There will be a positive list of what’s allowed and in what quantity at lower tariff levels.
For example, DDGS is allowed at 0% tariff up to around 5 lakh metric tonnes under the quota system.
Also, quite heartening to see Pakistanis dissecting Indian trade policy at this level. Maybe we should give you guys a few seats in our Parliament, might do a better job than some of the useless people sitting there right now.

 

[Baibers_1260]

Ram ram ji,

I do acknowledge the typo: I obviously meant, "areas of agreement, not of diagreement". I would like to point out that it is an embarrassing error, and not, contrary to your understanding, an "oxymoron" - which is a deliberately, and, usually, cleverly, employed figure of speech.

Glad you understand what the term "oxymoron " is . I am sure you looked that up via google.

I suppose I should be flattered that you believe I am using an AI bot to post on this forum. I am here only for entertainment and to practice meditation, and using an app to answer the inane questions posted here would too much of a bother.

On the contrary those who use AI for simple responses to specific questions, show a considerable lack of language and comprehension skills ( particularly in the English language) which is not unusual in the education imparted to the residents of the inner cities of Uttar Pradesh and other "cow belt " states,
Which is why it is often appropriate to engage in the vernacular language when conversing with people from these areas.
Diverting the topic to veiled insults is also a standard tactic

I did carefully read your post and considered responding to the more substantive questions, but, given the level of yout understanding of the subject you have demonstrated, I fear my response would just be lost upon you.

My questions were specific. Apparently these are incomprehensible to you, but this is excusable because as mentioned before, education in vernacular medium Janpadh schools of UP imparts a very basic level of English language competence.

If you genuinely wish to find the answer to these questions, I would urge you to research the modus operandi followed by the Trump administration and the counterparty for "agreements" entered into by other countries such as Vietnam, Indonesia, Pakistan, UK, etc. Once you have understood how those "agreements" were structured, my answer, after you excuse the typo I have already acknowledged and others you may find, and which was sadly written without any AI input, might possibly seem more insightful.

I have done my research, and if I may add in more good measure than yourself which is reflected in your inability to answer very specific and basic questions,

Since the moderators and admins, have already thread-banned me from several threads, it is quite possible they might take umbrage at this post as well and ban me yet again, perhaps for good from the forum. Therefore, while I still have the opportunity, I would like to thank you profusely for the immense help that you have been to my meditation practice.

Welcome. I understand you are here for "meditation " and "entertainment" . I in turn wish to thank you for the entertainment you have provided to me and to the rest of us,
Meanwhile your answers to my posts addressed to you on this thread are awaited. To the best of my knowledge that thread is open for your replies.
Post in thread 'Over 15% of Population, but 4.4% of Indian parliament. Lowest Muslim Representation in Six Decades:'
https://defencepk.com/forums/thread...presentation-in-six-decades.9960/post-1133018

 

[Baibers_1260]

few seats in our Parliament, might do a better job than some of the useless people sitting there right now

I am sure Mr. Piyush Goyal would not take kindly to that description.

 

[Musings]

Stick to the topic.

 

[Species]

Story by Akash Sinha
• 22m•
3 min read

Trump betrays Modi days after trade deal; US gives zero tariff to Bangladesh on textile, India at 18%


India and the United States have just struck a deal that handed the Opposition parties a fresh ammunition against the Modi government. While the Ministers and BJP leaders hailed the deal under which the US has reduced tariffs to 18%. However, the pre-liberation day tariff on India has around 2.6% and thus, a tariff of 18% should be seen as an increase since Donald Trump’s return to power in 2025. Now, it seems that the United States was waiting for India to accept the deal, and once it was signed, Washington betrayed New Delhi by offering a better deal to Bangladesh.

US-Bangladesh Trade Deal​

Sharing details of the deal with the United States, Bangladesh’s interim chief of the government, Mohammad Yunus, said that the agreement on Reciprocal Tariff between Bangladesh and the United States was signed on Monday after nine months of negotiations on the agreement since April last year.

The US will further reduce the reciprocal tariff to 19%, which was originally set at 37% and later reduced to 20% in August last year. In addition, the US committed to establishing a mechanism for certain textile and apparel goods from Bangladesh using US-produced cotton and man-made fibre to receive zero reciprocal tariff in the US market.

"The reduction of reciprocal tariff will grant further advantage to our exporters, while zero reciprocal tariff on specific textile and apparel exports from Bangladesh using US inputs will give substantial added impetus to our garments sector", said NSA Rahman, who was Bangladesh's chief negotiator.

Related video: Bangladesh-US trade deal signed tonight: Tariffs to drop (WION)

Trump Betrays Modi​

Notably, Bangladesh's textile export to America has to 0% tariff for using US cotton/man made fiber while India gets 18%. It is noteworthy to mention that while India imports $200mn of US cotton, Bangladesh imports $250mn. The difference of $50mn is costing India 18%.

The India-US trade deal has been heavily tilted in America’s favour, with New Delhi promising $500 billion of purchases in the next five years. While India has reduced tariffs to zero on most of the items imported from the US, America continues to levy 18% tariffs on Indian goods. The silver lining for New Delhi was that in the textile sector, where India, Bangladesh and Pakistan compete, it has a one per cent lower tariff than Bangladesh. Although the US tariff on Indian textiles is marginally lower at 18% versus 19% for Bangladesh, the new deal grants Bangladesh duty-free access. This not only neutralises India’s earlier tariff advantage but also places Indian textile exports at a cost disadvantage compared to Bangladesh.

It's now clear that the US first waited for India to sign the deal and then betrayed New Delhi by offering a better deal to Bangladesh, a country which has very little to offer to America compared to New Delhi. It is now clear that India has succumbed to US pressure and the Modi government has agreed to a deal that largely benefits America while questioning India’s sovereignty. Trump has conveniently betrayed his ‘good friend’ Modi, and New Delhi is likely to abide by this setback as well.