Tharoor Speaks On US Tariffs: A Balancing Act in Trade Talks
Shashi Tharoor commented on the US imposing a 25% tariff on India. He termed it a 'bargaining tactic' amidst trade negotiations but stressed strong backing for Indian negotiators. Tharoor highlighted potential economic impacts and called for a balanced approach in dealing with US demands.
- Country:
- India
Shashi Tharoor, Congress MP, on Thursday addressed concerns over the US announcement of a 25% tariff on Indian imports. He described this move as potentially a 'bargaining tactic' amid ongoing trade negotiations, urging strong support for India's negotiators to secure a favorable trade deal.
Tharoor emphasized that if a beneficial agreement isn't possible, India may have to consider halting negotiations. He criticized the US for collaborating with Pakistan on potential oil discoveries, suggesting that the optimism about finding oil in Pakistan might be misplaced.
Highlighting possible economic repercussions, including a potential dip in GDP, Tharoor stressed the importance of the US understanding India's market needs. He insisted that India's strategic partnership with the US should be based on mutual conversation, and warned against one-sided demands.
(With inputs from agencies.)
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