Modi-Trump meeting: US lawmakers want trade privileges for India
5 years, 6 months ago

Modi-Trump meeting: US lawmakers want trade privileges for India

Live Mint  

Forty-four members of the US Congress have urged President Donald Trump's trade representative to restore trade concessions to India, saying the withdrawal of the privilege had led to retaliatory tariffs from New Delhi which were hurting US industry. In the letter addressed to United State Trade Representative Robert Lighthizer and dated Sept. 17, the members of Congress said: "Just as US industries are harmed by lack of fair and reciprocal access to India's market, American companies and workers also are harmed by new tariffs due to the GSP termination." A lot of American jobs depend on the trade between India and the United States, the US lawmakers said in the letter seen by Reuters. Other than seeking the rollback of Indian tariffs imposed on agricultural products like almonds and apples, Washington has also expressed its concerns over India’s tightening of regulations that have undermined major US e-commerce companies like Walmart’s Flipkart and Amazon.

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