印度拟对美国实施报复性关税！“关税大限”还有4天，美印谈崩了？

Core Viewpoint - India has notified the WTO of its intention to impose retaliatory tariffs on the United States, citing the impact of U.S. tariffs on Indian exports valued at $2.89 billion [1][4]. Group 1: Retaliatory Tariffs - India plans to impose tariffs equivalent to the $725 million in tariffs that the U.S. has levied on Indian products [1][5]. - The U.S. tariffs, which are 25% on certain automobiles and parts, are considered by India as safeguard measures that violate WTO agreements [4][5]. - India has previously notified the WTO of similar retaliatory measures in response to U.S. steel and aluminum tariffs, indicating a pattern of trade disputes [5]. Group 2: Trade Negotiations - U.S.-India trade negotiations are ongoing, with a deadline approaching on July 9, which could lead to a 26% tariff on all Indian imports if no agreement is reached [2][7]. - Key points of contention in the negotiations include India's reluctance to open its agricultural and dairy markets, which are critical to its economy [7][8]. - The agricultural sector constitutes 16% of India's $3.9 trillion economy and employs nearly half of its 1.4 billion population, making it a politically sensitive issue [7][8]. Group 3: Market Access and Competition - India has historically excluded agriculture from free trade agreements, and opening its market could set a precedent for concessions to other trading partners [8]. - The average farm size in India is significantly smaller than in the U.S., which poses competitive challenges for Indian farmers against their American counterparts [8].