GTRI's Srivastava: India Must Question US on Current Deal Advantages at Rising Bharat Summit
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GTRI's Srivastava: India Must Ask US 'What's in it for us now?' on Trade Deals
M
Moneycontrol•27-02-2026, 13:46
GTRI's Srivastava: India Must Ask US 'What's in it for us now?' on Trade Deals
•Ajay Srivastava of GTRI urges India to question the US on current trade deal benefits, citing a dilemma faced by many trading nations.
•The US Supreme Court's ruling on reciprocal tariffs has removed India's leverage, making all countries face similar tariff rates.
•India is re-evaluating trade negotiations with the US after the Supreme Court struck down reciprocal tariffs, impacting the previously agreed 18% tariff cut to zero.
•A scheduled trade meeting between New Delhi and Washington to finalize an interim deal was deferred following these developments.
•Experts like Biswajit Dhar advise India to observe US trade policy, while Gurcharan Das suggests continuing deregulation rather than renegotiating.