India-US Ties Strong Enough to Weather Trade Tensions, Says Piyush Goyal.
Amid rising trade tensions following steep tariffs imposed by the United States, Union Minister Piyush Goyal on Thursday expressed confidence that India-US relations would remain strong despite temporary setbacks.
The US recently announced a 50 per cent tariff on Indian goods, combining a 25 per cent levy citing the trade deficit and an additional 25 per cent over India’s continued oil trade with Russia. These measures have put bilateral trade relations under strain, raising concerns about a downturn in the historically strategic partnership.
“There will be occasions when there may be certain blips in the relationship, but I think it’s a very strong and consequential partnership,” Goyal said. “It can weather many storms and will continue to be a strategic friendship. We will continue to have a lot of business to do together, and the relationship will continue to grow.”
The minister’s remarks underline India’s commitment to maintaining a robust and cooperative relationship with the US, even amid trade disagreements and geopolitical challenges.
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