India and the United States Talk About Trade

Introduction

India and the United States are talking about a new trade agreement. They want to buy and sell more things to each other. The goal is to reach 500 billion dollars by 2030.

Main Body

The talks are going well. Both sides say the meetings are helpful. A US official said most big problems are solved. But there are still some small problems. The US trade representative said India is difficult to agree with. India does not want to open its farm markets. The US wants India to buy more American farm products. India wants to keep its own farmers safe. The talks happened in Washington for three days. The leaders from both countries met. Earlier, the US said it would lower taxes on Indian goods. India also said it would lower taxes on some US goods. Then the US Supreme Court made a new rule. The court said some US taxes on other countries were not legal. Now India is changing its plans to follow the new rule.

Conclusion

The two countries made a lot of progress. But they still disagree about farm markets. The final agreement will depend on solving this problem. The new court rule also changes the talks.

Vocabulary Learning

agreement
A plan or promise that two sides make together.協議(雙方共同制定的計劃或承諾)
Example:They want a new trade agreement.
goal
Something you want to do or achieve.目標(你想做到或達成的事情)
Example:The goal is 500 billion dollars.
problem
Something that is difficult and needs a solution.問題(困難並需要解決的事情)
Example:There are still some small problems.
tax
Money that people or companies pay to the government.稅(個人或公司向政府繳納的錢)
Example:The US will lower taxes on Indian goods.
trade
Buying and selling things between countries or people.貿易(國家或人之間的買賣)
Example:India and the US talk about trade.