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As US President Donald Trump unleashed his global tariff war from the White House, India found itself grappling with a new regime that stopped short of full reciprocity but still posed significant trade barriers.
For India, the challenge is to ensure a balanced trade agreement that protects its key sectors, including agriculture, micro, small and medium enterprises (MSMEs), and food security.
Prime Minister Narendra Modi will visit Thailand from April 3-4 to participate in the 6th Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit.
As geopolitical uncertainty and US tariffs reset global trade relations, both sides ‘have to work together’, Australian business council says.