India–US trade deal excludes wheat, corn, and soybeans

have traditionally been sensitive issues for New Delhi due to the large share of the population employed in these sectors, as well as the political risks of opening the market to subsidized US products. Similar challenges have also arisen during India’s trade negotiations with the European Union and the United Kingdom. At the same time, US President Donald Trump said India had agreed to expand purchases of American goods as part of a broader trade partnership. The total volume of bilateral trade is expected to reach $500 billion in the coming years. According to India’s Minister of Commerce and Industry, Piyush Goyal, a significant share of imports from the United States will include energy resources, aviation equipment and components, data-center equipment, ICT technology, as well as steel and materials for infrastructure projects. India already purchases some of these products on global markets but may now increase the share of supplies from the US. The first stage of the ...