India, Feb. 3 -- On Monday, U.S. President Donald Trump announced that India had agreed to his terms on a trade deal, including halting Russian oil purchases and removing trade barriers, in return for a reduction in tariffs on Indian goods. This claim prompted a swift response from U.S. Agriculture Secretary Brooke Rollins, who stated that this deal would benefit rural American farmers and reduce the agricultural trade deficit of $1.3 billion.
How Does This Deal Help American Farmers?
The deal, as described by Trump, also includes a significant commitment from India to increase purchases of American goods, with agriculture identified as a major focus area.
If the deal unfolds exactly as described, Indian agricultural tariffs would drop ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.