Trump on Trade Deal: US President Donald Trump made a big statement saying that the US has signed a trade agreement with China. He claimed that a huge trade agreement was going to be done with India. He indicated significant progress in the talk process of long -awaited bilateral trade agreement between the two countries. Also Read: Iranian uranium became puzzle, how much is the claim of Donald Trump
Trump said at the ‘Big Beautiful Bill’ program held at the White House on Friday that we have some great agreements. We are going to make another compromise, possibly with India. huge. We are going to open avenues for India.
He said that everyone wants to make a compromise and participate in it. Remember a few months ago, the media was saying whether there is really someone who is interested in it? Well, we have tied up with China yesterday. We are making some great compromises.
The President said that we are not going to compromise with everyone. We will just send a letter to some people saying that thank you very much … You will pay 25, 35, 45 percent. This is an easy way.
Trump’s statement came at a time when an Indian party led by the chief negotiator Rajesh Aggarwal reached Washington on Thursday for the next round of trade talks with the US. The two countries are negotiating for the interim trade agreement and are trying to finalize the agreement before July 9.
The US has suspended the high fee declared by him till July 9. Agriculture and milk sectors for India are difficult and challenging sectors to pay fees concessions to the United States. India has not opened the milk sector in any free trade agreement signed so far.
America wants some industrial items, motor vehicles, especially electric vehicles, wine, petrolation products, milk and agricultural products such as apples, trees fall and genetically revised crops.
India is demanding a fee concession for labor, gems and jewelery, leather items, apparel, plastic, chemicals, shrimp, oilseeds, grapes and bananas in the proposed trade agreement.
Edited by: Nrapendra Gupta
