India, Donald Trump and Tariffs
Digest more
Delhi’s WTO complaint on US steel and aluminium tariffs highlights India’s aim to protect its trade interests without direct retaliation, observers said.
Indian officials said trade talks with the US remain on track, although there are signs that New Delhi is adopting a tougher approach in negotiations, following China’s defiance of US President Donald Trump.
The Global Trade Research Initiative said that if the US engages in consultations with India on the matter or withdraws tariffs, a resolution may be reached
NEW DELHI (Reuters) -India has offered to slash its tariff gap with the U.S. to less than 4% from nearly 13% now, in exchange for an exemption from President Donald Trump's "current and potential" tariff hikes,
India has reserved the right to impose retaliatory duties on US goods due to steel and aluminum tariffs, but may resolve the issue through ongoing bilateral trade agreement (BTA) negotiations.
The two countries signed a deal three years after negotiations began to strengthen alliances in what the British prime minister called a “new era” of trade.
The threat by the U.S. of imposing elevated tariff on imports from Sri Lanka into the U.S. has thrown uncertainty into CEAT Ltd.'s plans to expand its presence in the U.S.
India's trade minister Piyush Goyal will lead a trade delegation to the United States starting May 16 to advance trade negotiations, two government officials said on Tuesday, as both countries push for a bilateral trade pact.
Feedback