The Aayog, in a working paper titled 'Promoting India-US Agricultural Trade Under the New US Trade Regime', said that India's agricultural sector needs safeguards to ensure price stability for both producers and consumers against excessive volatility in international markets
The White House fact sheet, read by Trump says India's uniquely burdensome and duplicative testing and certification requirements in sectors such as chemicals, telecom products, and medical devices make it difficult or costly for American companies to sell their products in India
President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The “reciprocal' tariffs that he announced are likely to create chaos for global businesses and conflict with America's allies and adversaries alike