Saturday, March 29, 2025

India and US Making Progress Towards Trade Deal (Connecting the Dots: India, U.S.-India Business Council, MasterCard Incorporated, Chicago Council on Global Affairs, Booz Allen Hamilton, Commercial Club of Chicago & Soros Funding, All Networking)

India and US Making Progress Towards Trade Deal (Connecting the Dots: India, U.S.-India Business Council, MasterCard Incorporated, Chicago Council on Global Affairs, Booz Allen Hamilton, Commercial Club of Chicago & Soros Funding, All Networking)

Newsmax.com / Newsfront

Saturday, 29 March 2025 11:08 AM EDT

https://www.newsmax.com/newsfront/india-u-s-trade/2025/03/29/id/1204859/

Indian and U.S. officials discussed trade issues including the reduction of tariffs and easing of non-tariff barriers, making progress towards a bilateral trade agreement during several days of talks in New Delhi, they said on Saturday.

The negotiations, led by officials from India's commerce ministry and a U.S. trade delegation headed by Brendan Lynch, assistant U.S. trade representative for South and Central Asia, were held from March 26-29.

Separately, U.S. Deputy Secretary of State Christopher Landau spoke with Indian Foreign Secretary Vikram Misri about efforts to reduce trade barriers and achieve a "fair and balanced bilateral trade relationship," while also strengthening defense and technology cooperation to bolster regional security.

Landau thanked India for its efforts in addressing illegal immigration to the United States and urged continued cooperation, the U.S. Department of State said in a statement.

The talks come as U.S. President Donald Trump prepares to impose reciprocal tariffs on multiple trading partners from April 2, with India hoping for an exemption amid the bilateral talks. Both countries aim to sign the first tranche of a bilateral trade deal by autumn.

"The successful conclusion of the discussions reflects progress in efforts to expand India-U.S. bilateral trade and investment relations to promote prosperity, security and innovation in both countries," a statement by India's commerce ministry said.

Last month, during Prime Minister Narendra Modi's visit to Washington, India pledged to boost purchases of U.S. energy products and defense equipment, and the two sides agreed to aim for a deal targeting bilateral trade of $500 billion by 2030.

Trump has called India a "tariff king," with the U.S. wanting India to reduce levies on products ranging from agricultural goods and alcoholic beverages to automobiles, and seeking greater market access for U.S. companies.

Piyush Goyal, India's trade minister, visited Washington earlier this month for talks with U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick.

Sector-specific expert engagements for the bilateral trade agreement will begin virtually in the coming weeks, followed by an in-person negotiating round, the joint statement said.

The U.S. currently has a $45.6 billion trade deficit with India. While the U.S. trade-weighted average tariff rate stands at about 2.2%, India's average tariff is significantly higher at 12%, according to World Trade Organization data.

Connecting the Dots:

L. Brooks Entwistle is a director at the U.S.-India Business Council and a trustee at the Aspen Institute (think tank).

Foundation to Promote Open Society was a funder for the Aspen Institute (think tank), the Refugees International and the Millennium Promise.

George Soros was the chairman for the Foundation to Promote Open Society.

Frank G. Wisner is a director emeritus at Refugees International, a director at the U.S.-India Business Council and was a U.S. ambassador for India.

Rajat K. Gupta was a director at the U.S.-India Business Council,

a director at the Millennium Promise, the chairman for the Indian School of Business and a director at the Harman International Industries, Inc.
Sidney Harman
 was the chairman of the Harman International Industries, Inc. and a trustee at the Aspen Institute (think tank).

Jane Lakes Harman is a stockholder in the Harman International Industries, Inc. and a trustee at the Aspen Institute (think tank).

Foundation to Promote Open Society was a funder for the Aspen Institute (think tank).

George Soros was the chairman for the Foundation to Promote Open Society.

L. Brooks Entwistle is a trustee at the Aspen Institute (think tank) and a director at the U.S.-India Business Council.

Ajay Banga is the chairman for the U.S.-India Business Council and the president & CEO for MasterCard Incorporated.

Mark Schwartz was a director at MasterCard Incorporated, George Soros’s senior adviser, the president & CEO for the Soros Fund Management.

George Soros’s senior adviser was Mark Schwartz, is the founder of Soros Fund Management and a board member of the International Crisis Group.

Thomas R. Pickering is a co-chair for the International Crisis Group, a distinguished fellow at the Brookings Institution (think tank), was the U.S. ambassador for India, and a lifetime trustee at the Aspen Institute (think tank).

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank) and the Aspen Institute (think tank).

George Soros was the chairman for the Foundation to Promote Open Society.

Cyrus F. Freidheim Jr.  is an honorary trustee at the Brookings Institution (think tank), an honorary life director for the Chicago Council on Global Affairs, a member of the Commercial Club of Chicago and was a managing director for Booz Allen Hamilton.

David J. Vitale is a director at the Chicago Council on Global Affairs and a member of the Commercial Club of Chicago.

Michelle Obama is a director at the Chicago Council on Global Affairs.

Raghuram G. Rajan is a director at the Chicago Council on Global Affairs, the governor of the Reserve Bank of India and a senior adviser for Booz & Company.

Reserve Bank of India is the central bank of India.

Booz & Company was a spinoff company for Booz Allen Hamilton.

Robert S. Osborne is the EVP & general counsel for Booz Allen Hamilton and a member of the Commercial Club of Chicago.  

Newton N. Minow is a member of the Commercial Club of Chicago and a senior counsel at Sidley Austin LLP.

R. Eden Martin is the president of the Commercial Club of Chicago and counsel at Sidley Austin LLP.

Barack Obama was an intern at Sidley Austin LLP.

Michelle Obama was a lawyer at Sidley Austin LLP and is a director at the Chicago Council on Global Affairs.

Raghuram G. Rajan is a director at the Chicago Council on Global Affairs, the governor of the Reserve Bank of India and a senior adviser for Booz & Company.

Reserve Bank of India is the central bank of India.

Cyrus F. Freidheim Jr. is an honorary life director for the Chicago Council on Global Affairs, a member of the Commercial Club of Chicago, an honorary trustee at the Brookings Institution (think tank) and was a managing director for Booz Allen Hamilton.

Booz & Company was a spinoff company for Booz Allen Hamilton.

Raghuram G. Rajan is a senior adviser for Booz & Company, a director at the Chicago Council on Global Affairs and the governor of the Reserve Bank of India.

Francisco D'Souza is a director at the U.S.-India Business Council and a term trustee at the Carnegie Mellon University.

Manoj P. Singh was a director at the U.S.-India Business Council and is a term trustee at the Carnegie Mellon University.

Teresa Heinz Kerry is a life trustee at Carnegie Mellon University, an honorary trustee at the Brookings Institution (think tank) and married to the U.S. Department of State secretary John F. Kerry

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank)

George Soros was the chairman for the Foundation to Promote Open Society.

Cameron F. Kerry is a fellow at the Brookings Institution (think tank)John F. Kerry’s brother and a senior counsel at Sidley Austin LLP.

Barack Obama was an intern at Sidley Austin LLP.

Michelle Obama was a lawyer at Sidley Austin LLP and is a director at the Chicago Council on Global Affairs.

Raghuram G. Rajan is a director at the Chicago Council on Global Affairs, the governor of the Reserve Bank of India and a senior adviser for Booz & Company.

Reserve Bank of India is the central bank of India.

Resources: Past Research

Obama bids fond farewell to outgoing India PM (Past Research on India)

Saturday, May 17, 2014

https://thesteadydrip.blogspot.com/2014/05/obama-bids-fond-farewell-to-outgoing.html

Obama appoints Muslim to special assistant in Office of Director for U.S. Citizenship and Immigration Services in DHS (Past Research on Teresa Heinz Kerry)

Sunday, January 18, 2015

https://thesteadydrip.blogspot.com/2015/01/15.html

Obama to Cut Short India Trip to Pay Call on Saudi Arabia (Past Research on India & Carnegie Mellon University)

Saturday, January 24, 2015

https://thesteadydrip.blogspot.com/2015/01/obama-to-cut-short-india-trip-to-pay.html

Hours After John Kerry Demands Green Transition Accelerated – His Emissions Closet Swings Wide Open (Connecting the Dots: Cameron Kerry, John Kerry, Teresa Heinz Kerry, Soros, the Climate Reality Project, the Brookings Institution (think tank), the EPA and onto the FDA, Pfizer & Johnson & Johnson. It’s the Network That Never Ends. One Project (Climate Change) Just bleeds into the Next (Covid Project)) (Past Research on Cameron Kerry)

Thursday, July 21, 2022

https://thesteadydrip.blogspot.com/2022/07/hours-after-john-kerry-demands-green.html

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