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.
With Gen Z more likely to gamble online than visit casinos, operators are adding sports, spas, street food and social spaces to turn gaming venues into lifestyle destinations.
Maritime security agreement opens avenues for joint development of naval ships and design, greater use of Indian shipbuilding and repair facilities by Japan.
At some point Pakistani dictators begin to show paranoia. That’s the strategic reality most relevant to India since the late fifties. Munir’s case is worse, like some sudden acrophobia.
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