Trump to get grand welcome but no trade deal with India |
The much awaited mega trade deal between the US and India may not happen immediately during the US President Donald Trump`s first India visit. The US President has said that he is "saving the big deal" with India for later and he "does not know" if it will be done before the presidential election in November, clearly indicating that a major bilateral trade deal during his visit to Delhi next week might not be on the cards. Trump is scheduled to visit India on February 24 and 25. The US and India could sign a "trade package" during the visit. US Trade Representative Robert Lighthizer, the point-person for trade negotiations with India, is likely to not accompany Trump to India. The delay could be due to several reasons, including the unexpected economic slowdown in India`s economic growth, impact of US-China trade war, GSP withdrawal from the US side and retaliatory tariffs on specific US goods from the Indian side. Ahead of the US President`s visit, Indian Prime Minister Narendra Modi tweeted that India is all set to accord a memorable welcome to him. Modi said that the visit will further cement India-US relationship. He further stated that both countries share a common commitment to democracy and pluralism.
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