India and the United States have agreed to end six trade disputes at the World Trade Organisation and New Delhi will also lift retaliatory customs duties on 28 American products. This is likely to shore up trade between the nations and also help Indian exporters get key tax advantages. The decisions come amid Indian Prime … Read more
The crucial India-US Trade Policy Forum meeting is unlikely to make much progress, given the sharp differences, but would hopefully ignite trade talks between the world’s two largest democracies, according to eminent trade experts. Minister of Commerce and Industry Piyush Goyal, who is in the US on an official visit, held a series of meetings … Read more
United States Trade Representative (USTR) Katherine Tai will travel to India next month to discuss the US’ commitment to the Indo-Pacific region with government officials and stakeholders. This will be Tai’s first official visit to India. Tai will begin her Asia trip from Tokyo on November 15 and reach New Delhi on November 22 from … Read more
The United States Trade Representative (USTR) on Wednesday announced punitive tariffs on India and five other countries over their digital services taxes (DST), but immediately suspended the levies to allow time for international tax negotiations to continue. The USTR said the goods that would face the punitive tariffs had an estimated trade value of about … Read more
The government will examine the United States’ proposed retaliatory tariffs on up to 25% on around 40 Indian products in response to India’s equalisation levy on non-resident ecommerce operators and take measures in line with public and commercial interests, officials have said. The United States Trade Representative (USTR) has proposed to impose retaliatory tariffs on … Read more
NEW DELHI: United States Trade Representative Robert Lighthizer on Wednesday said a small deal with India could be possible but indicated that a full-fledged free trade agreement (FTA) could get delayed by a change in administration. At the CII Partnership Summit, he also said that high tariffs, agriculture and bureaucracy are impediments to a large … Read more