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Will keep India's interests on top in US trade talks: FM
Business Standard
|March 07, 2025
Says govt seized of potential reciprocal tariff problems
Stressing that trade tariffs are a legitimate policy instrument deployed by countries based on their stage of development, Union Finance Minister Nirmala Sitharaman on Thursday said the government was seized of the problems that might arise from the US' reciprocal tariff plan and is negotiating with the Donald Trump administration, keeping India's interests on top.
The minister's remarks assume significance as the first official response after President Trump's reiteration of the tariff reciprocity gambit to the US Congress on Wednesday. This comes as Commerce and Industry Minister Piyush Goyal is in Washington for parleys to negotiate some exemptions from tariff shocks and flesh out a bilateral trade deal.
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