ilmscore | Prediction Details
"we are demanding that we should get a preferential market access. Now what do we mean by preferential market access. We should be able to access your markets. Means, we should be able to access US markets. At a preference, at a preference means what? Basically, don't charge a lot of tariffs, or charge near zero tariffs. These are the labour intensive sectors that we are trying to target"
By CA Rachana Phadke Ranade | July 3, 2025 | Correct
From video
India–US Trade Deal | Nifty at ATH Soon? | CA Rachana Ranade 00:14:55 - 00:15:17
Interpreted Prediction
India is seeking preferential market access, meaning lower or near-zero tariffs, for its labor-intensive sectors like textiles, garments, gems, jewelry, and leather in the US market.
AI Evaluation Notes
Based on trade reports from 2025 and 2026, India has consistently sought preferential market access for labor-intensive sectors in trade negotiations with the US, although the degree of success in achieving near-zero tariffs is mixed. While some progress has been made, comprehensive agreements on tariffs for all targeted sectors have not been fully realized.

Prediction Details

Topic
India-US trade negotiations sticking points

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