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India should avoid hasty trade deal under US pressure, as it may not survive next US political shift: GTRI

  • Global Trade Review Institute (GTRI) advises India to avoid rushing into trade deals under US pressure to safeguard core sectors like agriculture.
  • US's aggressive trade threats, known as MASALA deals, demand one-sided terms with limited success as only the UK and Vietnam have agreed to them.
  • Countries like Japan, South Korea, the EU, and Australia have resisted US demands, leading to punitive measures like tariffs on imports from certain nations.
  • GTRI warns India to be cautious as the US actively negotiates with various countries and emphasizes the limitations and implications of succumbing to such pressures.

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