President of the United States Donald Trump Increases force on India. According to Financial Times, in the face of the threat of higher tariffs, he wants to put force on the government in fresh Delhi to grant online vendors specified as Amazon and Walmart, unlimited access to a $125 billion Indian e-commerce market, under a trade agreement.
To date, US e-commerce companies could only operate in India as online trading platforms. On the another hand, their Indian competitors can besides produce and sale goods themselves through their own platforms. Trump's administration now demands a level playing field for American online retailers, writes the Financial Times, citing lobbyists and high-ranking US government officials.
Vice president of the USA JD Vance (40) met the Prime Minister of India on Monday in fresh Delhi Narendra Modim (74) where both "welcomed crucial advancement in the negotiations on a mutually beneficial trade agreement", the GOI stated. If no trade agreement is reached, India is facing a 26 percent work on exports to the US . US president Trump suspended this decision for 90 days to let negotiations to take place.
Close cooperation with American online vendors
Both Amazon founder Jeff Bezos (61), as well as Walmart's chief Doug McMillon (58) They keep good relations with Trump. Among another things, Bezos donated $1 million to Trump's “Inauguration Fund” and contributed importantly to the financing of the grand inauguration ceremony. McMillon was among the entrepreneurs who personally met Trump at his Mar-a-Lago property in the run-up to his inauguration, as well as on Easter Monday he visited the White home along with directors of another large American commercial networks to discuss his tariff policy with Trump.
