Underlining that “there are things you can negotiate and there are things you can’t”, External Affairs Minister S Jaishankar said Sunday that India has been in talks with the US for “a trade understanding” where “our bottom lines and red lines are respected”.

He also said both sides “have not arrived at a landing ground for our trade discussions”.

Speaking at the concluding session of the Kautilya Economic Conclave in New Delhi , Jaishankar, referring to the Trump administration’s imposition of 50 per cent tariffs on India including 25 per cent over its purchase of Russian oil, said, “I am not minimising the issues, but I don’t think we should take it to a point, as though this is going to percolate to every dimension of the relationship… we need to see this in proportion.”

The US has

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