India-US trade deal faces hurdle as differences over apple and GM crops emerge

The ongoing trade negotiations between India and the United States have hit a stumbling block as disagreements over agricultural products, particularly apples, corn, and soybeans, come to the forefront. These items have become pivotal in the discussions, with both nations having distinct priorities and concerns. The complexity of these issues could potentially extend the timeline for reaching a consensus, as each side seeks to safeguard its domestic industries while expanding market access. India, known for its protective stance on agriculture, is wary of opening its markets to genetically modified (GM) crops, a significant point of contention. The US, a major producer of GM corn and soybeans, is pushing for greater access to the Indian market. Meanwhile, the apple industry has emerged as another contentious issue, with the US seeking to boost its exports to India, which has been cautious about reducing tariffs to protect local growers. Despite these challenges, both countries recognize the importance of a robust trade agreement and are committed to finding common ground. Negotiators are reportedly exploring various compromises that could address these agricultural disputes, aiming to balance competitive interests with long-term trade benefits. As talks continue, the outcome of these negotiations will be crucial in shaping future economic ties between the two nations.

— Authored by Next24 Live