What is a reasonable timeframe to conclude a bilateral trade negotiation between the world’s largest and one of the fastest growing economies? If that sounds too large a mandate, make that early harvest tariff negotiations. Can even this be concluded within a week?As US trade negotiators engage with their Indian counterparts in well-publicised meetings at Vanijya Bhawan since Tuesday, the pressing question on everyone's mind is whether they can reach an agreement--or at least something resembling one--before the April 2 deadline. The key challenge lies in satisfying the chaotic guidance emerging from the White House. If they fail, India--often derisively labelled as the “Tariff King”--will, along with other nations accused of “unfair” trade practices, face “reciprocal tariffs”.
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