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India May Import More Fertiliser From US To Narrow Trade Gap
Hindustan Times Delhi
|May 03, 2025
India may source a portion of about $10 billion fertiliser imports and some inputs for domestic production from the US along with other items like energy and precious metals as trade-diversion is an option to address America's key concern over growing bilateral trade imbalance, people in the know said.
NEW DELHI:
Bilateral trade deficit is the basis of reciprocal tariffs calculated by the Trump administration and the solution lies in two mechanisms — greater market access to American goods in India by lowering tariff and non-tariff barriers, and source essential imports from the US instead of other countries.
This story is from the May 03, 2025 edition of Hindustan Times Delhi.
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