In the context of tensions in the economic relations of Washington and New Delhi, the plan of the US delegation's plan to India to negotiate trade was canceled, NDTV reported related to sources. They suggested that he would be postponed.
According to the channel, the visit of US representatives is expected to be held from August 25 to 29. India and the United States in the next round of negotiations will discuss a bilateral trade agreement. This is especially important due to the fact that President Donald Trump announced the introduction of 25% of the country's goods due to Russian oil import.
One of the stumbling stones in the agreement is the demand for the United States to expand the market access in agricultural and milk fields, but India said they could not agree with this, because this affects the welfare of small and low farmers, the document said.
On August 6, Trump signed a decree about the introduction of an additional 25% additional fee for goods imported from India. As an argument for this decision, it has been claimed that the purchase of oil from Russia, New Delhi actually provides financial support for Moscow in the context of a conflict in Ukraine. Therefore, the total number of tasks for Indian goods will reach 50%.