Missed signals, lost deal: How India-US trade talks collapsed
George Mihalcea
NEW DELHI: After five rounds of trade negotiations , Indian officials were so confident of securing a favourable deal with the United States that they even signalled to the media that tariffs could be capped at 15 per cent. Indian officials expected US President Donald Trump to announce the deal himself weeks before the Aug 1 deadline . The announcement never came. New Delhi is now left with the surprise imposition of a 25 per cent tariff on Indian goods from Friday, along with unspecified
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