TIL Des/Business/Washington/ Trade is one aspect of India-United States relationship that has the most friction, a senior White House official has said even as he underlined that the Trump Administration is looking for a ‘free, fair and reciprocal’ trade with India.
The comment from White House came after President Donald Trump publicly raised the issue of high import duty levied by India on high-end motorcycles at least three times in a month and threatened a reciprocal duty on Indian exports to the US.
“The commitment to the relationship is very strong on both sides. If you had to point to a part of the relationship where you have the most friction, it certainly would be the trade side,” a senior administration official said.
The official spoke on condition of anonymity to give a clarity on the various aspects of the US ties in South Asia, including India. Insisting that the Trump Administration has been clear for a free, fair and reciprocal trade, the official said that there has been concerns raised about the trade deficit with India.
But he quickly pointed that this trade deficit has actually come down slightly more recently, based largely on India’s imports of US energy. “This administration is looking for a free, fair and reciprocal trade with India. And so is seeking to see some of those tariffs such as on a Harley Davidson motorcycles that are there. US is determined to find the opportunities to increase trade investment with India and does expect that there will be some sort of reciprocal dealings on the trade issues,” the official said.
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