Core Points - India is nearing a trade agreement with the Trump administration, seeking more favorable tariff rates than Indonesia [1] - The negotiations aim to reduce proposed tariffs to below 20% [1][2] - India is striving for a competitive advantage in tariffs compared to regional peers [2] Group 1: Trade Agreement Details - Trump announced a 19% tariff on Indonesian imports, which is lower than the previously threatened 32% [1] - The U.S. is expected to gain access to the Indian market as part of the negotiations [1] - Indian officials are pushing for a tariff rate below 20% during discussions in Washington [1] Group 2: Competitive Positioning - India aims to secure a tariff rate that is more advantageous than those of Southeast Asian countries like Vietnam [2] - The Indian negotiation team hopes to lower tariffs to below 10% in exchange for significant concessions from the U.S. [2] - India is reluctant to open its agricultural and dairy sectors but may offer concessions in non-agricultural areas [2] Group 3: Tariff Trends - Recent developments indicate that tariff rates are trending towards a range of 15%-20% [3] - The U.S. is using tariff announcements as a negotiation strategy to secure better terms from trade partners [3] - Malaysia is also in negotiations with the U.S. regarding its own tariffs, emphasizing the need for mutually beneficial agreements [3]
美印协议“接近达成”,印度想要比印尼优惠的关税
Hua Er Jie Jian Wen·2025-07-17 08:07