While officials from the two sides have remained in touch, at the highest levels, the ties are stalled over trade & tariffs. Jaishankar will meet a number of US officials too.
Number of sectors, including marine products, gems & jewellery textiles have been impacted by US tariffs. Indian exporters will see better access to EU markets in these areas.
In first comments on talks between two leaders, MEA says issues of trade & tariffs were raised by EAM Jaishankar during his meeting with American Secretary of State Marco Rubio.
Global media says Trump’s new H-1B visa rule, added to 50% tariff, makes it more pressing than ever for India to fix impediments that hamper its economic potential.
India’s chief trade negotiator is likely to visit the US next week. However, this comes amid reports that Trump has urged EU to impose heavy tariffs on China & India to pressure Russia.
In an editorial, Organiser derides ‘concerted attempt’ by ‘neo-colonisers’ and their ‘domestic agents with vested interests’ to suppress India’s cultural resurgence
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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