New Delhi: India should remain extremely cautious about giving duty concessions to the US on agricultural crops or genetically modified products, and should insist on a drastic cut in the high tariffs, think tank GTRI said on Wednesday. India should also avoid making commitments until the US Supreme Court delivers its verdict on President Donald Trump’s tariff authority, which could reshape the entire negotiating table overnight, the Global Trade Research Initiative (GTRI) said.
India and the US are negotiating a bilateral trade agreement, and a team of officials from Washington is in New Delhi for two-day talks beginning Wednesday. “If the US is serious about partnership, it should first cut the punitive tariff on Indian exports from 50 per cent to 25 per cent, especially since the Russ

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