Trade negotiations between India and the United States have failed, and the additional US tariffs on Indian products will take effect from tomorrow, according to international news agencies. The United States has confirmed that the tariffs will be enforced starting Wednesday.
The Indian Ministry of Commerce stated that there is no expectation of immediate relief or delay in the American duties.
It is noteworthy that former US President Donald Trump had imposed a 50 percent tariff on Indian goods.
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Last week, the United States abruptly cancelled scheduled trade negotiations with India, which were considered important for expanding bilateral trade relations.
In recent years, India and the United States have held multiple rounds of talks to strengthen cooperation in trade, technology, defense, and energy, resulting in agreements worth billions of dollars.