core interests: It seems more differences have emerged between India and the US, such as the Iran issue and trade, according to Global Times China. India's ambition to become a manufacturing powerhouse has increased its exports to the US, which is busy reducing its ballooning trade deficit. There may be some progress in bilateral talks, but both sides are unlikely to compromise when it comes to core interests such as trade conflicts. There have been frequent trade disputes between the two countries in recent times. The India-US relationship is at a crossroads, and China is a key factor in the equation. Just ahead of Pompeo's visit, India raised tariffs on 28 items imported from the US in retaliation for Washington's earlier withdrawal of trade privileges.
(news.financializer.com). As
reported in the news.
Tagged under core interests, trade conflicts topics.