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Goyal: India Won’t Rush US Trade Deal ‘At Gunpoint’

12 April 20251 min read
INTERNATIONAL AFFAIRSGoyal: India Won’tRush US TradeDeal ‘At Gunpoint’12 April 2025safalsetu.com

Why in the news

While trade talks with Washington gathered pace, ministers said deadlines would not override national interest.

Key facts

  • Goyal: speed is possible but India’s interests come first.
  • An official: interim deal on tariffs sought during the 90-day pause imposed by the Trump administration; both want a win-win.
  • Indian tariff shields target non-market economies practising unfair trade; India prefers reciprocity, trust and fair play.
  • Jaishankar said Trump’s shifting trade stance affects talks.

Exam angle

  • Pact: India-US Bilateral Trade Agreement; pause: 90 days.

Test yourself

1. Who said 'We do not negotiate at gunpoint' regarding the India-US Bilateral Trade Agreement?

Commerce Minister Piyush Goyal made the remark.

2. How long was the pause on reciprocal tariffs within which an India-US interim deal was being explored?

The notes cite a 90-day pause on reciprocal tariffs.

3. At which event did S. Jaishankar speak of a high degree of urgency to conclude the India-US trade pact?

He spoke at the 9th Global Technology Summit.

This topic is part of Daily Current Affairs 12 April 2025 (27 topics).

All topics of the dayDay quizApril 2025

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