Market Chatter: Trump Administration Pressures India to Give Amazon, Walmart Full Access

MT Newswires Live

04-22

Amazon.com (AMZN) and Walmart (WMT) could benefit from full access to India's e-commerce market if the Trump administration is able to reach a trade agreement with Prime Minister Narendra Modi, the Financial Times reported Tuesday, citing industry executives, lobbyists, and US officials.

The report said that the US plans to push for a level playing field on e-commerce as part of wider talks with India. The Asian country currently allows US e-commerce companies to operate in India solely as online marketplaces for third-party sellers, according to the report.

India faces a 26% tariff on exports to the US if an agreement is not reached within a 90-day pause that President Trump has enacted.

Amazon and Walmart did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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