Trade Policy Forum talks between India’s Commerce Minister, Sri Suresh Prabhu, and U.S. Trade Representative Robert Lighthizer did not make significant progress on definitive, trade-expanding measures. The U.S. remains focused on the trade deficit, with the aim to boost exports of agriculture, high tech and services products. “Differing views that could not be resolved immediately” suggest the intervention of Prime Minister Modi and President Trump may be needed. The opportunity is significant. India’s agriculture and food imports grew by 13% and 10% respectively in the third quarter, bu...
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