While it is vitally important that the interests of key strategic and sensitive sectors are kept in mind, it is also necessary to identify mechanisms by which some sort of compromise might be achieved
Peter Navarro's remarks come as the trade talks between India and the US are gaining momentum, with the US chief negotiator visiting India for a day-long meeting
Since India has none of China's bargaining chips, Trump has found it easy to target it for buying discounted Russian oil, a threat of further punishment, however, could backfire
The development comes even as White House senior trade advisor Peter Navarro reiterates his criticism of India's purchase of Russian oil
The inter-ministerial consultations for the Export Promotion Mission have concluded and the proposal will soon be sent to the Union Cabinet seeking its approval, sources said. The government is considering support measures worth about Rs 25,000 crore for exporters under the Export Promotion Mission, announced in the Budget, for six financial years (2025-2031), PTI had reported citing sources last month. The mission, if approved, can help insulate domestic exporters from global trade uncertainties arising from Trump tariffs. The US has imposed a hefty 50 per cent tariff on Indian goods, starting August 27. "So export promotion mission, you know, the inter-ministerial consultations have happened, and soon we will be going to cabinet. Already in the Budget, there was an announcement, and it would be a kind of a scheme which would be fungible," sources said.
US signals softer dairy stance, eyeing premium cheese exports to India as trade talks restart; India wary of opening sensitive farm sector
Bolton, who has also served as US Ambassador to the United Nations, criticised Trump's "erratic behaviour" of imposing tariffs on India for its Russian oil purchases
Sergio Gor says reforms in India's labour norms and market access are key to fair trade, as US aims to double bilateral trade to $500 bn by 2030
Donald Trump said a 50 per cent tariff on Indian goods, including a 25 per cent duty on Russian oil imports, is difficult and has created friction between Washington and New Delhi
Congress leader Shashi Tharoor said that US tariffs have already led to around 135,000 layoffs in Surat's gems and jewellery sector, with potential job losses looming in seafood and manufacturing
This comes days after Trump urged the EU to impose a 100 per cent tariff on India and China for their continued purchase of crude oil from Russia, a move he claims is fuelling Putin's war in Ukraine
John Bolton said Peter Navarro once tried to pit Trump against PM Modi on trade, but termed it a sideshow as real negotiators focused on resolving issues in good faith
India is a strategic partner whose trajectory will shape the region and beyond, US ambassador-designate to Delhi Sergio Gor said on Thursday, underlining that he is committed to advancing America's interest in this important partnership. Last month, President Donald Trump promoted Gor, Director of Presidential Personnel, as the next US Ambassador to India and Special Envoy for South and Central Asian Affairs. India is a strategic partner whose trajectory will shape the region and beyond. Under President Donald Trump's strong leadership, I'm committed to advancing America's interest in this important partnership, Gor said at his confirmation hearing in the Senate Foreign Relations Committee. When confirmed, 38-year-old Gor will be the youngest American ambassador to India. India's geographic position, economic growth and military capabilities make it a cornerstone for regional stability and a critical part of promoting prosperity and advancing the security interests that our nations
With the US imposing steep tariffs on Indian exports, New Delhi must support affected firms while pursuing new markets, as trade talks with Washington remain uncertain
US Commerce Secretary Howard Lutnick said Washington will sort out a trade deal with India only if it halts Russian oil imports, even as India continues purchases in national interest
Progress Adani's representatives had been making with American officials has faltered in recent months as the US and India have clashed on several issues
India and the US are stepping up trade negotiations as both leaders express confidence in resolving barriers after earlier setbacks over tariffs and Russian oil imports
The Congress on Wednesday took a swipe at Prime Minister Narendra Modi over his remarks describing India and the US as "natural partners", asking whether they are so natural that President Donald Trump has declared on "over 35 different occasions" that he brought about the India-Pakistan "ceasefire" using trade as the instrument of leverage. The opposition party's dig came after Prime Minister Modi reacted warmly to US President Trump's positive assessment of trade talks between the two countries, expressing confidence that the ongoing negotiations will pave the way for unlocking the limitless potential of the partnership between them. Congress general secretary in-charge communications Jairam Ramesh said, "Prime Minister Modi has told President Trump that India and the US are 'natural partners.' The question is now this: Are they so natural that President Trump has declared on over 35 different occasions that he brought about the India-Pakistan ceasefire on the evening of May 10th
Peter Navarro's continued attack on India comes days after he was fact-checked on X for his post accusing India of fuelling Russia's war machine in Ukraine
PM Modi welcomed Trump's offer to resume trade talks, even as ties remain strained over Washington's 50% tariffs on Indian imports linked to Russian oil purchases