💨 Abstract

The Global Trade Research Initiative suggests India should not sign a comprehensive Free Trade Agreement (FTA) with the U.S., as it may require harmful trade-offs. Instead, India should consider a limited "Zero-to-Zero" tariff deal on 90% of industrial goods, as Europe has already offered this to the U.S. A full FTA could harm India's key sectors, including farming, agriculture, and the auto industry.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖