US unilateral exit: Parliament Panel sees America’s tariff move as India’s chance to rework IT agreement under WTO; what it recommends

A parliamentary panel suggests India reconsider its involvement in the WTO’s Information Technology Agreement (ITA), citing a widening trade deficit and weakened IT/electronics sector. Inspired by the US’s tariff strategies, the committee recommends exploring renegotiation or exit options. They advocate for a proactive approach, emphasizing domestic manufacturing and strategic trade agreements to bolster India’s economic interests.