After the US launched a probe under Section 301 (B) of the Trade Act of 1974 into more than a dozen countries, including India, citing ‘excess industrial capacity among trading partners’, India is likely to hold the India-US Trade deal. India plans to hold off signing a trade deal with the United States for several months, four Indian sources revealed, amid fresh investigations launched by President Donald Trump’s administration. India pledged to halt Russian crude imports, cut duties on US goods, and commit to $500 billion in American purchases. Although the report also cites U.S officials, saying that they expect India to honour its commitments, four Indian government sources with direct knowledge revealed plans to delay signing the trade deal for several months amid fresh Trump administration probes. Is United States a bully regime ?
