By Admin 
The relationship between the two countries is being seen in the relationship between America on India. US Finance Minister Scott Besant has claimed that India has been slightly obstructed in trade talks with America. Besant’s comment came a few days after Donald Trump put 25 percent additional tariff on Indian imports citing oil purchases from Russia.
The additional tariff imposed on India by the US will come into effect from August 27, due to which both countries are trying to find a middle way through talks.
‘Still waiting for big business agreements’
According to a report by news agency Reuters, Besant said that big trade agreements are still awaited, including agreements with Switzerland and India. Referring to India especially, he said that India’s stand in the ongoing talks is a bit obstinate.
Besant reportedly to the Kudlo of the Fox Business Network said that the Trump administration can complete the trade talks till October last. According to Reuters, he said that it is ambitious, but I think we are in good condition. Besant further said that I think we can do so that all important countries will agree on concrete terms.
What did the Union Finance Ministry say
The Union Finance Ministry informed Parliament on Tuesday (August 12, 2025) that the US would affect more than half of India’s total export price. Union Minister of State for Finance Pankaj Chaudhary, in a written reply to Lok Sabha MP Abhishek Banerjee, said that it is estimated that about 55 percent of the total export price of India to the US is due to the reciperock tariff.
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