'we Never Negotiate On Gunpoint': Piyush Goyal On Trump's 90-day Pause On Reciprocal Tariffs

Union Commerce Minister Piyush Goyal said that India ne'er negotiates pinch immoderate state connected gunpoint. His comments came aft US President Donald Trump connected Wednesday put a 90-day region connected reciprocal tariffs connected 75 countries, including India. 

The full tariffs imposed connected Chinese equipment by nan Trump management astatine 145 per cent from nan 125 per cent complaint imposed, arsenic per nan White House. He was speaking connected nan sidelines of nan Italy-India Business, Science and Technology Forum successful Delhi. 

"We ne'er discuss connected gunpoint. Favourable clip constraints motivate america for quicker talks, but till nan clip we are not capable to unafraid nan liking of our state and our people, we do not hurry," Goyal said.  At present, nan US reciprocal tariff connected India stands astatine 10 per cent. 

Furthermore, owed to nan 90-day region connected tariffs, India wants to move quickly connected a waste and acquisition woody pinch nan US, arsenic per news agency Reuters. "India is 1 of nan first nations to commencement talks complete a woody pinch nan United States and to person jointly agreed to a deadline to reason it," an charismatic told nan news agency.

The charismatic said India would raise scrutiny connected imports to spot immoderate imaginable dumping of goods, including from China. In February this year, India and nan US agreed to activity connected nan first shape of a waste and acquisition woody to beryllium wrapped up by autumn 2025 pinch an purpose to scope bilateral waste and acquisition worthy $500 cardinal by 2030. 

Commenting connected this, Goyal said that waste and acquisition talks betwixt two nations proceed erstwhile some sides are delicate to each others' concerns and requirements. "All our waste and acquisition talks are progressing well, successful nan tone of India First, and to guarantee our pathway to Viksit Bharat @ 2047 successful nan Amrit Kaal."

This comes aft Goyal requested exporters to not panic and reassured them that India is moving towards nan "right operation and correct balance" successful its projected waste and acquisition statement pinch nan US. 

The Union Minister said India's negotiating squad is moving pinch "speed" but not "in undue haste" to guarantee nan champion imaginable result for nan nation.