Summary
An SBI Research report outlines a strategic approach for India to handle trade negotiations with the US, emphasizing delaying bargaining, maintaining dialogue, and making limited offers.
India's Strategy for US Trade Negotiations
Highlights
Key Negotiation Tactics for India
An SBI Research report suggests India should strategically engage with the US to avoid escalating tensions while maintaining a warm dialogue. The report advises India to wear down the US's initial position without damaging their relationship. Key recommendations include making limited offers and delaying serious bargaining.
Optimal Timing for Bargaining
The report recommends India postpone comprehensive bargaining until the US's demands and India's value as a market and technology partner become more apparent. Once these factors are clear, India should then bargain, while simultaneously signaling its long-term strategic stance.