During a heated session in the Rajya Sabha, the Indian government addressed concerns regarding the recent remarks by U.S. President Donald Trump about India’s tariff policies. Commerce Secretary Sunil Barthwal unequivocally denied any agreement between India and the U.S. on reducing tariffs on American goods, clarifying that such claims were based on misinterpretations of the ongoing trade negotiations.
The U.S. President had previously criticized India for its high tariffs, labeling them as “massive” and unfair to American businesses. He had even suggested that India had agreed to significantly lower these tariffs in exchange for trade benefits. However, Barthwal explained that the bilateral discussions between India and the U.S. are still ongoing, and no such agreement has been made.
Barthwal pointed out that India’s tariff policies are carefully designed to protect key domestic industries, including agriculture, manufacturing, and textiles. He emphasized that while India remains committed to free trade and engaging with global markets, any tariff reductions would need to be part of a balanced trade deal that benefits both countries equally.
He also addressed the broader economic context, reminding the Rajya Sabha that India’s tariff decisions are not made in isolation but are part of a comprehensive strategy to ensure the country’s long-term economic growth. According to Barthwal, India would not agree to arbitrary tariff cuts that could undermine domestic industries or lead to economic imbalances.
In response to Trump’s criticism, the Indian government reaffirmed that trade negotiations must be based on mutual understanding and respect for national economic interests. Barthwal also emphasized that India is fully engaged in discussions with the U.S. but would not be pressured into making decisions that are detrimental to the country’s strategic goals.
India’s approach to the trade negotiations with the U.S. is one of cautious optimism, ensuring that any agreement reached will be beneficial to both parties without sacrificing India’s economic sovereignty. The government’s position on tariffs, as articulated in the Rajya Sabha, serves as a reminder that trade talks must always be conducted with fairness and mutual respect.