Negative impactEconomy HIGH IMPACT

GTRI: Mid-term loss may push Trump to seek quick trade deal, India should insist on reciprocal concessions

CNBC-TV18 1 hr ago·4 Nov 2026, 8:28 am

Global Trade Research Initiative (GTRI) has warned that a proposed US-India trade deal could be fundamentally one-sided. The report suggests that India might be pressured to cut its Most Favored Nation (MFN) tariffs, while the United States retains its own trade barriers. This asymmetry could violate World Trade Organization (WTO) rules, which require equal treatment for all member nations.

For investors, this highlights a significant risk to India’s trade policy and economic sovereignty. If the deal proceeds without reciprocal concessions, it could lead to a loss of tariff revenue and increased import competition in domestic markets. The outcome will depend heavily on India’s ability to negotiate balanced terms that protect its economic interests.

Investors should watch for official government responses and any concrete announcements regarding trade negotiations. The focus will be on whether India can secure a deal that maintains market access for its exports while avoiding a race to the bottom on tariffs.

Excerpt from CNBC-TV18

Published On Nov 4, 2026 | 13:58 IST Last Updated On Nov 4, 2026 | 13:58 IST With political pressures mounting, Washington is leaning toward executive actions to secure a fast-tracked trade agreement, though analysts warn the terms heavily favor the US while risking WTO compliance. Discover why experts advise holding…
Read the original at CNBC-TV18

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GTRI: Mid-term loss may push Trump to seek quick trade deal, India should insist on reciprocal concessions