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India Not Looking At 25% Tariffs, Mini Trade Deal With US To Leave Tricky Sectors For Later: CII President

  • Confederation of Indian Industry President Sanjiv Memani expressed optimism about India-US trade talks, with industry expectations being considered.
  • India is not considering the continuation of 25% tariffs, focusing on relative competitiveness in negotiations.
  • Some contentious issues may be left for future discussions to ensure a balanced framework in the trade agreement.
  • The US seeks market access in Indian agricultural sectors, while India aims for tariff concessions on labor-intensive exports like garments and footwear.

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