Amid Tariff War, Jaishankar & Rubio Discuss Trade Pact | Current Affairs | Vision IAS

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Amid Tariff War, Jaishankar & Rubio Discuss Trade Pact

1 min read

Overview of Discussion between India's External Affairs Minister and US Secretary of State

The conversation between External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio focused on several key issues, primarily revolving around bilateral trade and global regional crises.

Bilateral Trade Agreement

  • Emphasis on Early Conclusion: Both ministers agreed on the importance of concluding the Bilateral Trade Agreement promptly.
  • Backdrop: This agreement discussion is set against President Donald Trump's decision to impose tariffs, signaling a push for negotiation despite global trade tensions.
  • Indian Stance: India has chosen not to impose reciprocal tariffs and is actively pursuing the trade agreement with the US.

Global Regional Crises

  • Global Regions Discussed: The conversation covered crises in multiple regions, including: 
    1. West Asia
    2. Europe
    3. Caribbean
  • Exchange of Perspectives: There was a mutual exchange of views on regions such as the Indo-Pacific and the Indian Subcontinent.

High-Level Engagement

  • This marks the first high-level conversation post-Trump's announcement of reciprocal tariffs.
  • Previous Meeting: The last meeting between the leaders occurred during Prime Minister Narendra Modi's visit to the USA in February for a summit with President Trump.
  • Tags :
  • India-US Trade Pact
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