Trump-Era Trade Pressure Sees India Among Nations Considering Tariff Cuts
In a recent address to the U.S. Senate Finance Committee, Jamieson Greer, a top trade official under former President Donald Trump, made a statement. He said that India is one of nearly 50 countries showing a willingness to lower trade tariffs. This follows the Trump administration's assertive stance on trade reciprocity. Greer pointed to what he described as a growing global shift toward fairer trade terms, citing disparities in tariff structures. While the U.S. maintains an average 5% tariff on agricultural imports, India's average hovers around 39%, he noted. “These imbalances have contributed to America’s declining manufacturing base and rising…
