For a successful trade agreement, US Commerce Secretary Howard Lutnick calls on India to reduce tariffs
According to Howard Lutnick, in order to preserve small farmers, India should think about opening up delicate industries like agriculture, which it has historically protected.
As Washington seeks to pursue "something grand" in a bilateral trade agreement between the two nations, US Commerce Secretary Howard Lutnick stated on Friday that India should lower its high tariffs for the US.
Lutnick stated in an interview with India Today TV that given the "special relationship" with the US, India's tariffs, which are among the highest in the world, have to be reexamined