India-US Trade Debate: Michael Kugelman On Trump Sanctions, Ajay Srivastava Flags Tariff Clarity Gap
By India Today
A debate on the prospects of an India-US trade deal features Michael Kugelman, Senior Fellow for South Asia at the Atlantic Council, and Dr Ajay Srivastava, Founder of the Global Trade Research Initiative. Kugelman notes that recent US decisions, such as pausing new Russia sanctions measures, create room for both…
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Explained in this story
Sanctions
Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.
Sanctions are used to pressure governments without military action, with costs for both sides.
More about SanctionsMore in World
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