Workflow
印度再次在WTO硬刚美国,特朗普称美印贸易“完全是一边倒灾难”
Di Yi Cai Jing·2025-09-04 09:46

Core Viewpoint - India is challenging the U.S. tariffs on copper, asserting that these measures are essentially safeguards rather than security measures, and is seeking consultations with the WTO [1][2]. Group 1: U.S. Tariffs and India's Response - The U.S. imposed a 50% tariff on certain copper products starting August 1, which India claims affects its significant export interests [4]. - India exported copper products worth $360 million to the U.S. in the fiscal year 2025, while its copper imports for the fiscal year 2024-2025 amounted to $14.45 billion, indicating a net import status [4]. - India has previously reserved the right to impose retaliatory tariffs on U.S. products in response to U.S. tariffs on steel, aluminum, and automotive parts [2][5]. Group 2: Ongoing Trade Negotiations - Despite the imposition of tariffs, India and the U.S. are engaged in negotiations for a bilateral trade agreement, having completed five rounds since March [6]. - The next round of negotiations was postponed due to the U.S. tariffs, with India emphasizing the need to resolve the tariff issue as a key to reaching an agreement [7]. - The U.S. has pressured India to open its markets in politically sensitive areas like agriculture and dairy, which India is reluctant to accept due to domestic concerns [8]. Group 3: Trade Statistics and Future Goals - In the period from April to July, India's exports to the U.S. grew by 21.64% to $33.53 billion, while imports increased by 12.33% to $17.41 billion [9]. - The U.S. accounted for approximately 20% of India's total exports in 2024-2025, while India's exports represented about 2.5% of U.S. imports [9]. - The goal of both countries is to increase bilateral trade from the current $191 billion to $500 billion by 2030 [8].