Little room for ‘giving and taking': India's finance minister flags trade impasse with the U.S.

Impact · against what's priced in

The admission from India's Finance Minister that trade talks have plateaued increases the probability of tariff hikes for Indian exporters. While the 10% floor is known, the lack of progress on 'giving and taking' makes further escalations more likely for sectors not exempt from current duties.

Scored by the NIS engine · methodology.

• geopolitics
• bilateral trade
• india
• tariffs
• trade
• trade deficit
• usa

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