Trump says 'very big' trade deal coming up with India
Washington (PTI): US President Donald Trump said a "very big" trade deal is on cards with India, hinting at significant progress in the negotiation process of a long-awaited bilateral trade agreement between the two countries.
“We are having some great deals. We have one coming up, maybe with India. Very big one. Where we’re going to open up India," said Trump while speaking at the “Big Beautiful Bill” event at the White House on Friday.
The president said the US signed a trade deal with China. However, he did not elaborate on the details of the deal signed with China.
"Everybody wants to make a deal and have a part of it. Remember a few months ago, the press was saying, 'You really have anybody of any interest? Well, we just signed with China yesterday. We are having some great deals," he said.
"We're not gonna make deals with everybody. Some we are just gonna send a letter saying thank you very much, you are gonna pay 25, 35, 45 per cent. That's an easier way to do it," the president said.
Trump's remarks come as an Indian team headed by chief negotiator Rajesh Agarwal on Thursday arrived in Washington for the next round of trade talks with the US.
Both countries are engaged in negotiations for an interim trade deal and are trying to finalise the pact before July 9.
The high tariffs announced by the US on April 2 were suspended by the Trump administration till July 9.
Agriculture and dairy sectors are difficult and challenging areas for India to give duty concessions to the US. India has not opened up dairy in any of its free trade pacts signed so far.
The US wants duty concessions on certain industrial goods, automobiles - especially electric vehicles, wines, petrochemical products, dairy, and agricultural items like apples, tree nuts, and genetically modified crops.
India is seeking duty concessions for labour-intensive sectors like textiles, gems and jewellery, leather goods, garments, plastics, chemicals, shrimp, oil seeds, grapes, and bananas in the proposed trade pact.
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Shivakumar blames Centre for maize growers' problems in Karnataka
Bengaluru/Belagavi (PTI): Karnataka Deputy Chief Minister D K Shivakumar on Monday blamed the Centre for the maize growers' problems in the state.
Speaking to reporters on the Suvarna Vidhana Soudha premises in Bengaluru ahead of the Legislative session in Belagavi, he also took a dig at the BJP MPs for keeping mum on the issue.
"The Centre has to answer to the problems of North Karnataka. Chief Minister Siddaramaiah and I have taken some strong decisions pertaining to maize procurement which will burden the state government financially, but the Centre has not spoken a word on the issue and the BJP MPs have not raised their voice. Aren't they concerned about it," Shivakumar asked.
The Deputy CM also hit out at the Haveri MP and former CM Basavaraj Bommai for not speaking on the matter.
"Bommai has said that the state government has to buy it, but what's Centre's share? Who decides the Minimum Support Price (MSP)? It's they (Centre) who decide MSP. They have not taken any decision yet," Shivakumar alleged.
He added that the state government will give compensation to the farmers, but the Centre is also responsible.
"Why hasn't Bommai raised the issue in parliament? Why he did not meet the PM and agriculture minister," he asked.
The maize growers have been demanding procurement at Rs 3,000 per quintal.
The current MSP is Rs 2,400 per quintal, and farmers are seeking a Rs 600 bonus. Ahead of the session, the state government announced increasing maize procurement from 20 quintals per farmer to 50 quintals at Rs 2,400 per quintal.
On irrigation related issues, Shivakumar said no one has done as much work as the Congress government has done in the history of the irrigation department of Karnataka.
Meanwhile, the Opposition Leader in the Karnataka Assembly, R Ashoka, charged that the government has become so poor that it is not able to replace the crust gates of the Tungabhadra dam.
"While farmers are committing suicide, the government is in a jolly mood arranging breakfast meetings," Ashoka said while interacting with reporters in Belagavi.
BJP state president B Y Vijayendra said there is a need for discussion on the burning issues of the state during the winter session of the Karnataka Legislature.
"Farmers are in distress due to the bad policies of the state government. It also failed to fulfill its promise to create jobs for unemployed youths.Weavers are also facing challenges," the Shikaripura MLA told reporters in Belagavi.
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