S jaishankar on india us trade deal – ‘Trade deal today’s reality, but our policy India first’, BT Mindrush said in BT Mindrush, Foreign Minister S. Jaishankar – eam s jaishankar says trade deals are reality but out
India’s Foreign Minister S Jaishankar attended the Business Today Mindarsh 2025 program. During this, he also talked about the ongoing conversation between India and America about the trade agreement. Following the threat of reciperook tariff by the United States President Donald Trump, the central government has repeatedly reiterated that India’s interests will be given a top priority and assured that talks are going on with the US on the issue.
Talking on trade agreements S. Jaishankar said that the Government of India is currently engaged in three important negotiations, including talks with the United States. He said, ‘Talking about global economic participation, business agreements have always kept an important place. This is even more true now, a reality that India should recognize. Currently, we are particularly engaged in three important negotiations, including- Free Trade Agreement (Free Trade Agreement) with the European Union and the United Kingdom and bilateral trade agreement with the United States. This week we have also started talks with New Zealand. Some other things are also in the pipeline.
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He further emphasized the need to weigh the price of action vs inaction, especially when it is reached to India’s sensitive technologies. He said, ‘In the current uncertain and unstable world, it is necessary that we understand the value of such efforts. We have to carefully assess their cost and profit, as well as assess the price of action vs inaction. In addition to such understanding, there can be benefits, especially in sensitive technologies. ‘ S Jaishankar also assured that India will always follow the policy of ‘India First’.
The Foreign Minister said, ‘India will clearly adopt the policy of India First in this regard, whose goal will be India. Most of our earlier FTAs are with Asian economies, many of which are of competitive character. Introducing the overall balance by incorporating the Gulf and Western economies is not only financially rational, but also strategic. Foreign Ministry spokesman Randhir Jaiswal said on Friday that India is interacting with the US administration to reach out to reach a mutually profitable trade agreement.
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According to his ‘America First’ policy, US President Donald Trump announced a recipe tariff on his partners and other countries from 4 April, which impose high duty on imports from the US. He said in a statement on March 19, “My relations with India are very good, I hope that he will gradually reduce his tariff on American imports.” But he also said that India has imposed a lot of tariffs on America, so it is maintained on its announcement of putting a reciperoot tariff. Reciperook tariff means that the more tax on American imports, the US will also impose the same tax on Indian imports.
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