New Delhi, April 10 -- As Donald Trump announced pause on tariffs for 90 days for trade negotiations, India should avoid signing a comprehensive Free Trade Agreement (FTA) with the United States, as it may require India to make harmful trade-offs, suggested Global Trade Research Initiative (GTRI).
Instead, GTRI said, India should consider a limited "Zero-to-Zero" tariff deal on 90 per cent of industrial goods, a model already offered by Europe to the U.S.
It said, "Avoid a comprehensive FTA with the US as it would force India to make damaging concessions. It's a deal that would cost India more than it gains. Restrict to Zero for zero deal on 90 per cent industrial Goods. Europe has offered similar deal to the US."
The report warned tha...
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