New Delhi: As India and the US try to iron out differences over their trade deal, External Affairs Minister S. Jaishankar Sunday said that there needs to be “compromises” on both sides, but New Delhi has “certain red lines and priorities”, and it is “aware of them.”

Speaking at the closing session of the Kautilya Economic Conclave, a three-day economic summit organised by the Institute of Economic Growth and the Union Ministry of Finance, he said US tariffs on India are unfair but it should not blown “out of proportion”.

In his speech during the event—themed Seeking Prosperity in Turbulent Times—Jaishankar addressed a range of issues such as Trump’s trade tariffs on India, the global order being reshaped by the war, energy relations, changing US-Russia ties and questions about a growin

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