News Buzz

“India must lower tariffs on US products”

Peter Navarro, White House trade and economic adviser is of the opinion that India must lower tariffs on US products. The two economies have been embroiled in spats since quite a few months. They have been slapping higher tariffs on each other’s products, including steel.

While India’s trade minister in October said the broad outlines of a deal with US had been worked out, Navarro gave no details about where talks or any US-India trade agreement stood.