Tariff Talks: U.S. Delegation In India After Piyush Goyal Snub!

USA President Donald Trump has blinked first under the incessant stare of Indian PM Narendra Modi over the bilateral tariffs issue. The Union Commerce minister Piyush Goyal led trade delegation to USA returned back in a huff over American attempts to brow beat India into the formers’ one-sided tariff pact. “Goyal and delegation negotiated hard and long till he got the cue from PM Modi to break off talks and return home. Not even a day after the Indian trade delegation returned to India, Trump’s crestfallen team went into a huddle and has decided to send a team of U.S. delegates to India to retrieve the situation and still thrash out a trade and tariffs pact,” a person familiar with the developments told shortpost.in. They will be on our turf now with Goyal strategically making public our disinclination to accept American dairy and agro products on American terms. Massive de-dollarization is taking place in the world after many nations emulated India to deal only in their respective currencies internationally which has impacted the U.S. badly. Ascending gold prices (10 gm) crossed Rs 1 lakh price barrier with silver set to reach Rs 1.5 lakh per kg and countries are focussed on their precious metals reserves. With the hegemony of the U.S. dollar all but vanquished, India looks forward to a more balanced trade and tariffs deal with the U.S. even as it exports reliable and durable technology to the world. An Indo-French and Indo-German collaboration in technology, Russian tie-up for fifth generation fighter jets and more has ushered India into the Big Four of the world both economically and politically.