Tharoor Pushes for Quick US-India Trade Agreement, Criticizes High Tariffs
Former Congress MP Shashi Tharoor has made a strong case for finalizing the US-India trade deal soon. He believes both countries should aim to complete the agreement by the first quarter of 2026. Tharoor emphasized that time is running out for meaningful negotiations.
Tariff Reduction Key to Viable Partnership
Tharoor pointed out the current 75% tariff makes any trade deal practically unworkable. He suggested lowering this rate to around 15% to match the arrangement between the United States and the United Kingdom. This adjustment would create a more balanced framework for economic cooperation.
The former diplomat argued that excessive tariffs undermine the very purpose of a trade partnership. He stated that fairness and mutual respect must guide these discussions. Without reasonable terms, strategic alliances lose their practical value.
Strategic Initiatives and Timely Decisions
Tharoor welcomed the recent Pax Silica announcement as a positive development. He also urged authorities not to delay the upcoming Quad Summit. According to him, strong partnerships depend on consistent engagement and prompt decision-making.
He highlighted that timely summits and clear policies reinforce trust between nations. Delays or hesitations can weaken collaborative efforts in the Indo-Pacific region.
Broader Implications for India-US Relations
A well-structured trade agreement would do more than boost economic ties. Tharoor explained it would deepen strategic connections between India and the United States. Both nations stand to gain from enhanced cooperation in trade and security matters.
He concluded that balanced terms benefit both sides equally. The goal should be a partnership built on shared interests and equitable terms.
