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India Needs to Be Careful, Clever While Negotiating Trade Pact With US
The Business Guardian
|July 19, 2025
US President Donald Trump has said that the proposed trade deal with India would be on the lines of what America has finalized with Indonesia. Giving access in the agriculture sector is proving to be a political issue for the government.
India needs to be 'very careful and clever' while negotiating trade agreements with the US, especially with regard to the agriculture sector, which is heavily subsidized by developed countries, former RBI Governor Raghuram Rajan said on Friday.
In an interview with PTI Videos, Rajan said India's economic growth has sort of settled in the range of 6-7 per cent, and a fraction of percentage point may be affected by the global trade uncertainties.
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