(LiveMint)
Indian and US trade negotiators will meet today, with little sign of a compromise on a series of protectionist measures taken by the two governments in recent months that have strained ties between the strategic partners. U.S. President Donald Trump has been putting pressure on India to do more to open its markets, saying this week again on Twitter its high tariffs were “unacceptable”.
Indian Prime Minister Narendra Modi, re-elected in May, has been pushing nationalist policies with higher tariffs on everything from electronic goods to tighter controls on foreign firms in the fast growing e-commerce market to help foster domestic companies and create jobs for millions of youth. A delegation led by Assistant U.S. Trade Representative (AUSTR) for South and Central Asia, Christopher Wilson, will meet Indian officials to try to re-start negotiations on tit-for-tat tariffs that were put on hold because of India’s election.
