US had last March proposed retaliatory trade actions against India and other countries that imposed or were considering equalisation levy/digital services tax on e-commerce firms.
According to 2021 National Trade Estimate Report on Foreign Trade Barriers, the US goods trade deficit with India was $23.8 billion last year, a 1.7% increase over 2019.
US Ambassador to India Kenneth Juster, whose tenure ends this month, highlights issues of growing market access restrictions, increasing tariffs, limitations on free flow of data.
Mukesh Aghi, president & CEO of US-India Strategic Partnership Forum, says India should make some things easier for companies, like Vietnam & Cambodia do.
In an exclusive interview to ThePrint, Nisha Biswal, president of US-India Business Council, says India's policy structure is 'volatile' though the country has stable governance.
Once seen as a fading presence on India’s investment & startup picture, the state is slowly moving up the ladder, with policy reforms & infrastructure building.
Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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