US Eyes Boosting Exports to India in Trade Talks, Nominee Says
The Trump administration is looking to reduce barriers to U.S. exports of agricultural and energy products as part of its ongoing trade negotiations with India (see 2509100062), said Sergio Gor, President Donald Trump’s nominee to be U.S. ambassador to India.
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The energy items the administration is targeting include crude oil, petroleum products and liquefied natural gas. “We have countless possibilities to expand into those markets, and we fully intend to do that,” Gor testified before the Senate Foreign Relations Committee Sept. 11.
The administration hopes to address a significant U.S. trade imbalance with India, Gor said. According to the Office of the U.S. Trade Representative, the U.S. had a goods trade deficit with India of $45.8 billion last year.
Gor made his comments in response to questions from Sens. Ted Cruz, R-Texas; Mike Lee, R-Utah; and Pete Ricketts, R-Neb.
Herschel Walker, Trump’s nominee to be U.S. ambassador to the Bahamas, said he would seek to counter Chinese investment in the region. He would urge the Bahamas to make the U.S. its “partner of choice” and would encourage American companies to invest in the island country.