India Prepares Trade Concessions Amid Trump Tariff Pressure

India gears up for high-stakes tariff talks with the US. Ministries asked to list sector-wise concessions before the American team arrives in New Delhi on August 25

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Trump has announced a 25% tariff on Indian goods from August 7, alongside additional penalties over India’s oil and defence imports from Russia

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Economic ministries have been directed to prepare a list of concessions that could make the upcoming US trade deal more acceptable to Washington

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The Trump administration is demanding lower tariffs across the board and the removal of non-tariff trade barriers, including easier access to Indian markets for American goods

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Amid pressure, Indian refiners are reportedly reducing Russian oil imports—a key concern for the US—signaling willingness to cooperate without crossing domestic red lines

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Concessions may come in defence, fossil fuels, and industrial goods. These sectors could offer trade sweeteners without hurting sensitive domestic producers

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India is firm on protecting agriculture, dairy, and GM crop sectors. Duty cuts on soybean, corn, and dairy are off the table, even in an interim dea

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Despite official talks, a breakthrough might need a direct conversation between PM Modi and President Trump to close gaps and finalize a political-level agreement

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With China facing 30% tariffs, India must move fast to retain a tariff edge and avoid falling behind in the global trade equation

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