While US & Indian officials have signaled that a deal was within reach, talks have dragged on amid disputes over tariffs, market access & protections for politically sensitive sectors.
A US trade team led by chief negotiator Brendan Lynch will hold talks with counterparts in New Delhi from Tuesday to advance the trade deal the two nations agreed in February.
The earlier interim trade deal announced by India was based on tariff rates imposed by the US on the IEEPA. The IEEPA was struck down by the US Supreme Court in February.
India & US have seen an uptick in high-level exchanges in last few months as ties improve following conclusion of trade deal talks. Rubio to visit India for first time as US State Secy.
New Delhi is examining the legal implications of the latest set of American investigations into Indian exports under Section 301(b) of the Trade Act of 1974, it is learnt.
New Delhi remains optimistic on growth this year and next. A recent US trade deal may lift estimates, but uncertainty looms after the US Supreme Court struck down Trump’s tariffs.
Ahead of US-India Interim Trade negotiations, a discussion highlights divergent views on India's economic reforms, but finds consensus that India needs partnership with US to balance China's clout.
The new 15% universal levy overrides the interim tariff framework for India, under which Trump had slashed reciprocal duties from 25 percent to 18 percent. The trade deal is on, he says.
When half of all consumers are trapped in a low-productivity agrarian economy, exposing them further to agricultural price volatility would be criminal.
There should be a public health advisory before every World Cup knockout game in which Argentina plays. And, Lionel Messi needs to stop giving his fans panic attacks.
Rather than open offices in India, many UK firms are strengthening India teams & partnerships to meet expected demand for advice on international disputes, arbitration & regulatory matters.
The Congress party’s abandonment of nationalism is the most intriguing aspect of its post-2014 politics. The real Congress was never a party of bleeding heart pacifists.
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