US 'doubling down' on boosting trade with 'critical partner' India: Senior trade official =============== #ed88bc74 ver:0.27 The US is prioritizing trade with India, a critical partner, with total trade reaching $191 billion in 2022. The Indo-Pacific Economic Framework for Prosperity (IPEF) is a key initiative for collaboration, focusing on supply chain resilience and a clean economy. However, the US has withdrawn from the IPEF's trade pillar due to complications and unrelated provisions. Critics argue for a focus on tariff relief and trade liberalization, while proponents highlight the benefits of free trade. Trade is crucial in countering China's economic influence in Asia. #USIndiaTrade #IPEF #TradeAgreements... #newstr #Us #India #Trade #EconomicTies #ForeignDirectInvestment #IndopacificEconomicFrameworkForProsperity #Ipef #SupplyChain #CleanEconomy #TaxAdministration https://here.news/story/ed88bc74?ver=0.27