'We don't intend to rush': India rejects quick US trade deal, pushes for better terms
India has declined to rush into a trade agreement with the United States, citing unfavorable terms and a refusal to compromise on key sectors like agriculture. The decision follows stalled negotiations and comes amid looming US tariff threats on Indian exports.
Why it matters
This standoff highlights India's growing economic assertiveness and its willingness to prioritize long-term domestic interests over immediate trade concessions with the US.
India has refused to rush into a quick trade agreement with the United States, choosing instead to hold out for more favourable terms despite mounting pressure from Washington, according to a Reuters report. Officials and trade experts also said that New Delhi's stronger economic outlook, expanding trade partnerships and recent political gains have strengthened its negotiating position. The decision came after months of negotiations failed to produce an interim trade pact during US trade representative Jamieson Greer's visit to New Delhi last month, despite both sides expecting a limited agreement to be within reach.The talks stalled because Washington did not meet New Delhi's key demands, including a tariff advantage over competitors such as China and assurances that no fresh US levies would be imposed after the agreement, Reuters reported citing an Indian government official."Our position is clear , we don't intend to rush into a deal that is not on…
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