U.S.–India Trade Talks Postponed #News #SBO
What Happened: High-level U.S. trade negotiators were supposed to visit New Delhi between August 25–29, 2025. The visit has now been canceled/postponed. Immediate Concern: The talks were expected to address new U.S. tariffs on Indian products, set to begin on August 27. These tariffs could affect key Indian exports such as steel, aluminum, textiles, and possibly pharmaceuticals. Why It Matters: For India – Tariffs will make Indian goods more expensive in U.S. markets, reducing competitiveness and possibly affecting exporters. For the U.S. – American importers relying on Indian raw materials or finished goods may face higher costs, which could trickle down to consumers. For Trade Relations – Both nations have been working to deepen economic ties. The cancellation stalls momentum and could strain relations temporarily. Underlying Issues: U.S. concerns about India’s market access restrictions and subsidies. Disputes over digital trade, e-commerce rules, and intellectual property rights. I...