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Added on : 2019-09-22 07:18:45

Call it the art of the minideal. The Trump administration is on the cusp of announcing a new trade deal with India, potentially within the next week as President Donald Trump prepares to meet with Prime Minister Narendra Modi.

It should be a proud moment for Trump, who is eager to announce new markets for US farmers and manufacturers who have been badly hit by his trade war with China. But unlike traditional trade pacts, which cover nearly all sectors of the economy, the India deal appears likely to be confined to only a few sectors and products.

Call it the art of the minideal. The Trump administration is on the cusp of announcing a new trade deal with India, potentially within the next week as President Donald Trump prepares to meet with Prime Minister Narendra Modi.

It should be a proud moment for Trump, who is eager to announce new markets for US farmers and manufacturers who have been badly hit by his trade war with China. But unlike traditional trade pacts, which cover nearly all sectors of the economy, the India deal appears likely to be confined to only a few sectors and products.

Editor & Publisher : Dr Dhimant Purohit

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