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News Topical, Digital Desk : America has accepted that India will not bow down in the trade talks because its stance is a bit tough. US Finance Minister Scott Besant himself has accepted this.
He said that India has been a bit stubborn in trade talks with the US. Besant said this in response to a question on Fox Business on Tuesday. He was asked whether all tariff and trade agreements would be completed by October. He said that we want this.
'India is adopting a stubborn attitude'
He said, “I think we are in a good position. Big trade deals which are not yet finalised or agreed upon... negotiations are going on with Switzerland and India is being a little bit stubborn.”
He said that US Trade Representative Jamieson Greer and teams of lawyers are working on it. Besant said, ‘I think we will agree on important conditions with important countries. As I have been saying for a long time, the President (Donald Trump) is working on peace, trade and tax agreements.’
Trade talks are going on between India and America. Both countries have set a target to complete the first phase of the agreement by October-November. Trump has announced a total tariff of 50 percent on India. Out of this, 25 percent tariff will be applicable on oil purchases from Russia, which will be effective from August 27. On the tariff, India's Foreign Ministry has said that targeting India is unjust and unfair.
Our relations with India and Pakistan are good: America
The US State Department said that America has good relations with both India and Pakistan. Speaking to reporters on Tuesday, the spokesperson of the Department, Tammy Bruce, said that America working together with both the countries is a good thing for the region and the world. This will promote a beneficial future.
He said, 'Our relations with both the countries remain the same as before, which is a good thing and this is the advantage of having a President who knows everyone, talks to everyone.' He said this in response to a question about the possibility of increase in US aid to Pakistan in terms of arms sales after Pakistan Army Chief Asim Munir's meeting with Trump. He was also asked whether this is happening at the cost of Trump's relations with Prime Minister Narendra Modi.
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