Washington, July 1 /TASS /. US President Donald Trump believes that the United States and India can sign an agreement on bilateral trade conditions within a week.
I think we will have an agreement with India. Perhaps the US leader said, answering a question from any commercial agreement that Washington could publish in the next seven days. Trump talked to reporters on his plane on his way to Washington from Florida, where he visited to check the new detention center of illegal immigrants there, which was the unofficial name “Alligator Alcatraz”.
This will be another type of transaction, it will be a transaction that we can come (to the Indian market) and compete (with its manufacturers). Now India does not allow anyone, the White House head. I think India will do this. And if it goes into this, then we will have a transaction that provides less task (for imported to Indian Indian goods and services), Mr. Trump added.
The position of India
Meanwhile, earlier on Tuesday, the head of the Indian Foreign Ministry, Sumerani Jayshankar, who was in the visit to the United States, admitted that the trade negotiations of the two sides were difficult. The result will be if the parties manage to ensure a reasonable balance of interests, the Minister declared.
India has expanded the terms of the United States of the United States to participate in trade negotiations to have time to reach an agreement until July 9. On this day, the suspension of parts of the import -feeding tasks will stop working, the introduction is announced in Trump's spring. Indian trade negotiators try to overcome disagreements, especially such a question for New Delhi, such as access to agricultural and dairy markets. In addition, the Indian delegation seeks to abolish mutual tariffs and additional tasks for steel, aluminum and car components, as well as ensure that tariffs will not be given in the future. Initially, the Indian -American trade negotiations were expected to end on June 27, in February, India and the United States, during the visit to Washington, the Prime Minister of the Republic of South Asia, Narendra Modi, agreed to negotiate the first phase of the agreement, will be ended at the end of the year.
On April 2, Trump announced the introduction of customs tasks to products of 185 countries and territories. The 10% tariff is valid on April 5, an individual – April 9 on the same day, the US President announced the suspension of 90 days on the action of a part of the reaction mission, as explained in the White House, associated with trading consultations. During this period, there was a universal tax rate of 10%. On June 27, Trump appointed that the United States will notify a number of countries where certain agreements will not be notified in about a week and a half, about bilateral trade terms, that is, according to the tax ratio for goods provided to the US market.