​We have been producing cotton yarn, polyester yarn, viscose spun yarn, TC/CVC/TR and other blended yarns for more than 11 years.

In a development that has significant implications for bilateral trade relations, the United States, under President Donald Trump, and India, led by Prime Minister Narendra Modi, have failed to reach a settlement regarding ongoing tariff issues. The discord has left both countries' business communities on edge and has raised concerns about the future of their economic cooperation.

The tariff dispute has been simmering for months, with the root causes being complex and multi - faceted. The US has been pushing for greater access to India's agricultural and dairy markets, a demand that India has been reluctant to meet. India's concerns revolve around protecting its vast number of small - scale farmers and maintaining domestic market stability. Additionally, the US has imposed tariffs on Indian exports of steel, aluminium, and automobiles, which India believes are unjust and without proper economic foundation.

Despite five rounds of intense negotiations, the latest led by chief negotiator Rajesh Agrawal in Washington, the two sides have failed to narrow their differences. An Indian government official stated, "An interim deal before the looming deadline looks difficult, though virtual discussions are ongoing." The US delegation's planned visit to New Delhi, which was expected to continue the dialogue, has also been cancelled, further dampening hopes for an immediate resolution.

The consequences of this failure to reach an agreement are already being felt. Trade experts warn that industries such as gems and jewellery in India could face serious disruption if the tariffs come into full force. Ajay Sahai, director general of the Federation of Indian Export Organisations, cautioned, "If the tariffs are implemented, it will have an immediate negative impact on these key export sectors, although both countries aim to sign a deal eventually."

In response to the escalating tension, Prime Minister Modi has made it clear that his government will not compromise on protecting the interests of Indian farmers and small - scale industries. In a recent public address, he said, "No matter how much pressure we face, we will keep strengthening ourselves to deal with it." Similarly, the Indian Minister of External Affairs, S. Jaishankar, has criticised the US tariff actions as "unjustified and unreasonable" and has reiterated India's stance of not conceding on issues related to its farmers and small producers.

On the US side, President Trump has been vocal about his dissatisfaction with India's trade policies, even going so far as to threaten higher tariffs. However, some US officials have also expressed a desire to resolve the issue, indicating that the door for further negotiations remains ajar. A White House official stated, "The President still has a strong interest in US - India relations, and we hope to find a way to resolve these differences."

As the situation stands, both countries are at a crossroads. The failure to reach a settlement on tariffs not only affects their bilateral trade but also has the potential to disrupt the global supply chains that both countries are integral parts of. The international community is now watching closely to see how the US and India will navigate this challenging situation and whether they will be able to find common ground in the near future.