Congress MP Critiques Government Over US Trade Deal Miss
Congress MP Targets Government on Trade Relations
On Friday, Congress MP Jairam Ramesh criticized the BJP-led central government by sharing statements from US Commerce Secretary Howard Lighthizer. Lighthizer alleged that a lack of direct communication at the leadership level led to India missing out on a trade agreement with the United States. Ramesh accompanied Lighthizer's podcast clip with a satirical Hindi verse, hinting at the growing tensions in India-US relations.
Ramesh's Commentary on Trade Negotiations
In a post on X, Ramesh expressed, "What has happened to our friendship? It’s all gone awry." This remark followed Lighthizer's assertion that the trade deal was stalled because Prime Minister Narendra Modi did not reach out to US President Donald Trump. During a conversation on the 'All-In Podcast' with American venture capitalist Chamath Palihapitiya, Lighthizer stated that while negotiations were complete and the deal structure was ready, direct involvement from leadership was crucial at the final stage.
Insights on Trade Strategy
Lighthizer explained Trump's broader trade negotiation strategy, describing it as a "ladder model." According to him, countries that engaged first received the best possible terms, while those that came later faced progressively higher rates. Referring to the initial trade agreement with the United Kingdom, Lighthizer noted that Trump was frequently asked which country would be next, with India being mentioned publicly several times.