India-US Trade Deal: Pranay Upadhyay Explains Impact Of Tariff Cut To 18% On Bilateral Ties

Описание: On this Special Report, the focus is on the significant breakthrough in India-US trade relations following a new interim agreement. Journalist Pranay Upadhyay highlights a major development where the Trump administration has lifted the 25% punitive tariff previously imposed on India regarding Russian oil imports. Upadhyay notes, 'The US President decided to reduce tariffs to 18% on Indian products, it clearly shows that they have decided to reduce the tariff duties on India and remove the 25% penal tariffs.' The discussion explores how India maintained its diplomatic stance on energy security for its 1.4 billion people while negotiating from a position of strength. Analyst Rohit Sharma also joins to discuss the diversification of India's energy imports, including potential oil purchases from Venezuela. The program examines how this deal insulates bilateral ties from geopolitical pressures and sets the stage for expanded cooperation in defense, technology, and energy between the two nations.

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