Donald Trump has been vocal about India’s high import tariffs and has threatened retaliation. Simultaneously, his tough stand on China could see Chinese goods flood India.
The US Trade Representative further added that termination of 6 WTO disputes with India & the country's removal of retaliatory tariffs last June has benefitted farmers across US.
Speaking at an event in Delhi, US Ambassador to India Eric Garcetti adds 'FDI isn't flowing into India at pace it should' & New Delhi must not view its self-reliance as 'fortress'.
India's trade minister Piyush Goyal and his US counterpart Katherine Tai held their annual trade policy talks in New Delhi on 12 January. Tai is on a three-day visit to India.
With exports worth $453 billion and imports to the tune of $723 billion, India’s overall international trade reached $1.17 trillion, 21% above previous year’s $969 billion, official data show.
Keshap, president, US-India Business Council, tells ThePrint that closer economic ties between the ‘stable democracies’ can lessen Ukraine war’s impact on energy, commodity prices.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
BJP has no dynastic succession, at least not at the top. You can trace this back to Vajpayee-Advani era. This act of spotting, empowering younger talent is even more striking with the choice of BJP presidents.
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