Topic: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.
3. US has been is taking several trade actions against India in the recent times. In this context, discuss the need for renegotiation of trade deal with US for the betterment of India-US trade relations. (250 words)
Reference: Hindustan Times
Why the question:
The article suggests that India-US trade relations need a reset.
Key Demand of the question:
Discuss the need for renegotiation of trade deal with US for the betterment of India-US trade relations.
Discuss – This is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.
Structure of the answer:
Since 2016, the US administration has been increasingly undertaking trade actions against India, including tariff and non-tariff barriers and anti-dumping duties.
The answer body must have the following aspects covered:
First talk about various trade actions against India in the recent times that US has been taking.
Explain that the resurgence of tariffs as a critical foreign policy tool for the United States (US) is a departure from one of its long-upheld commitments towards free trade.
Suggest what should be India’s stand.
Conclude with way forward.