<ul><li>India is aiming to avoid US reciprocal tariffs in the ongoing Ministerial meetings, with concerns about the inflexibility of the Trump administration on the existing 10 per cent baseline tariff.</li><li>Indian exporters are eager for a rollback of the 10 per cent baseline tariff, especially affecting MSME units, as they face difficulties without bargaining power or financial reserves.</li><li>Commerce Minister Goyal is engaged in discussions with US representatives regarding the Bilateral Trade Agreement (BTA), with expectations of an imminent limited trade deal announcement.</li><li>India is facing pressure to reduce tariffs on certain products in exchange for tariff concessions to the US, drawing parallels to the challenges seen in US-UK trade negotiations.</li></ul>

India to be focused on avoiding US reciprocal tariffs in ongoing Ministerial meetings

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