India Says No to US Farm Imports: Prioritizing Self-Reliance
Eminent agricultural scientist Ashok Gulati has urged India to relax tariffs on US imports of soybean, corn, and skimmed milk powder, warning of missed export opportunities amounting to US$50 billion if India does not open up its agriculture and dairy sectors. He questioned why tariffs on soybean, corn, and milk remain between 50-60%, while edible…
Joe Biden as US President may review ‘mini deal’ with India
However, the US was still unimpressed and its focus of negotiations, before the American election, increasingly shifted to selling more farm goods to India. However, the US wanted India to import farm and dairy products of equivalent amount ($6-6.5 billion) to restore the GSP benefits. A “limited” trade deal between India and the US, which…