India-US trade agreement stuck in long deadlock. After several rounds of discussion, the Rafa Sutra was not met. All processes have been blocked due to snags on several issues, including agricultural products. Finally cut the tangle? US President Donald Trump made a big announcement about the trade agreement on Wednesday Indian time. He said that the agreement is almost finalized. He also hinted that the deal would be different from Washington's previous trade deals.
The US President said, “India wants to finalize the agreement. We are also looking forward to it. But the agreement is almost finalized.” He added, “This deal will be very different from the deals we have done before.” However, he did not give any details about the exact type of the proposed agreement. US Secretary of State Marco Rubio is currently on a visit to India. Earlier, he indicated that the India-US trade agreement is on its way to finalization. Meanwhile, Trump made a big announcement.
New Delhi and Washington have long been at loggerheads over trade relations. Even after multiple discussions, the tangle was not resolved. According to sources, agricultural products have become the main sticking point in terms of trade agreements. America wants to sell its agricultural products to India. In that case, Delhi fears that Indian farmers will suffer greatly. Besides, there are fears that the move could spark a fresh peasant revolt ahead of Uttar Pradesh polls. In this situation, India is reluctant to leave the market for US agricultural products in any way. But according to Trump, the two countries have almost overcome all the entanglements. A trade deal is overdue. But the US President did not clarify in which way the solution was found.