Unpredictable policies key impediments to bilateral trade, U.S. tells India
3 years, 1 month ago

Unpredictable policies key impediments to bilateral trade, U.S. tells India

The Hindu  

U.S. Trade Representative Katherine Tai on Monday flagged India’s ‘unpredictable’ regulatory norms, high tariffs and market access restrictions as key impediments to bilateral trade, emphasised America’s continued interest in agriculture market access and conveyed that “worker-centric” policies will be the pivot for the Joe Biden administration’s approach to trade policy. “At the USTR’s office, we hear very frequently from our stakeholders, who are not shy, on issues that will be familiar to those of you involved in moving goods and services between our two countries — market access restrictions, high tariffs, unpredictable regulatory requirements, restrictive trade measures… These are issues where we intend to make progress on and they will be on the top of my list while I am here,” Ms. Tai said. Signalling a major switch to a “worker-centric” focus in the U.S. policy, Ms. Tai said: “President Biden is convinced that the U.S. policy needs a fundamental shift to ensure that our policies and actions focus on the impact that trade and trade agreements have on the lives of real working people.” She said she will work closely with the Indian Government ‘colleagues’ including Labour and Employment Minister Bhupendra Yadav on connecting trade “more directly with working people”. Mukesh Aghi, President of the USISPF, said: “Minister Piyush Goyal recently spoke at USISPF’s annual general meeting and spoke of a trillion-dollar bilateral trade target between India and the U.S. by 2030.

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History of this topic

India is still world’s highest tariff major economy, says US ambassador Eric Garcetti
5 days, 12 hours ago

India is still world’s highest tariff major economy, says US ambassador Eric Garcetti

Hindustan Times  

NEW DELHI: India remains the world’s “highest tariff major economy” and New Delhi and Washington should work together to reduce tariffs and make trade more fair, US ambassador Eric Garcetti said on Thursday. US ambassador to India Eric Garcetti addresses during a programme on 'Promise and Prosperity of the US-India Relationship' organised by the US-India Business Council in New Delhi …

What India-US trade could look like after Trump takes office
5 days, 20 hours ago

What India-US trade could look like after Trump takes office

Live Mint  

By Manoj Kumar NEW DELHI, Dec 19 - India is preparing for possible trade talks with the United States, aiming for increased investments from U.S. companies and higher exports once President-elect Donald Trump takes office. Here are key commercial issues between the two countries: TRUMP POLICY ON CHINA India seeks to leverage Trump's policy by capitalising on U.S. trade tension …

Indian manufacturing must adapt to constant flux in a dynamic world
5 days, 21 hours ago

Indian manufacturing must adapt to constant flux in a dynamic world

Live Mint  

The global economic landscape is becoming increasingly interlinked and dynamic. Despite multiple shifts, 2023 saw global merchandise exports worth over $24 trillion, an increase of 6% over 2019, demonstrating resilience in the face of disruptions. Focused reforms since then, including the production-linked incentive schemes and ‘Make in India’ initiative, combined with infrastructure development programmes, trade agreements and stronger participation in …

We have to wait and watch to see how it pans out: Official on Trump’s tariff threat
6 days, 18 hours ago

We have to wait and watch to see how it pans out: Official on Trump’s tariff threat

Live Mint  

New Delhi, Imposing reciprocal duties violates global trade rules but one has to follow a "wait and wait" approach to US President-elect Donald Trump's remarks on imposing reciprocal tariffs, a senior official said on Wednesday. US President-elect Donald Trump has said that India charges a lot of tariffs, reiterating his intention to impose reciprocal tariffs in retaliation for what New …

Trump’s approach to trade could be disruptive without doing much for America and the world
1 week ago

Trump’s approach to trade could be disruptive without doing much for America and the world

Live Mint  

Donald Trump will be sworn in as president of the US for a second time on 20 January 2025. India is one of the countries that Trump has threatened in case it moves ahead with using currencies other than the US dollar for its international trade. The US can reduce its aggregate trade deficit with the rest of the world …

Commerce Ministry Reviews India-US Trade Ties Amid Trump’s Controversial Remark
3 weeks, 1 day ago

Commerce Ministry Reviews India-US Trade Ties Amid Trump’s Controversial Remark

ABP News  

The commerce ministry is reviewing aspects of India-US trade relations, focusing on the implications of statements made by US President-elect Donald Trump during his election campaign and after the results, an official said, according to a PTI report. Trade experts have argued that Trump’s characterisation of India as an "abuser" of tariffs is unfair, as many countries, including the US, …

India confident of better trade ties with US under Donald Trump: Piysuh Goyal
3 weeks, 5 days ago

India confident of better trade ties with US under Donald Trump: Piysuh Goyal

Live Mint  

Union commerce and industry minister Piyush Goyal on Thursday expressed confidence in the resilience of India-US relations as Donald Trump gears up for another term in the White House. India's exports Meanwhile, Goyal said India's total exports, including merchandise and services, are expected to cross $800 billion in 2024-25 despite challenges related to the pandemic and geopolitical crises like the …

Mint Quick Edit | Trump’s non-trade tariff idea raises uncertainty
Trending News
4 weeks ago

Mint Quick Edit | Trump’s non-trade tariff idea raises uncertainty

Live Mint  

US President-elect Donald Trump is yet to take office, but he has been causing shudders around the world with what policies he might adopt. On Tuesday, Trump put out a post on social media announcing that his administration would impose a 25% tariff on all goods imported from Mexico and Canada and an additional 10% on China as his first …

Trump 2.0: Trade, Immigration, Manufacturing, and Geopolitical Complexities
4 weeks ago

Trump 2.0: Trade, Immigration, Manufacturing, and Geopolitical Complexities

Hindustan Times  

Donald Trump reclaimed the White House in resounding style and now will be sworn in on January 20th, thus marking a rare and remarkable political comeback to serve two non-consecutive terms as the 45th and 47th President. Geopolitical tensions The global stage has become more volatile since Trump left office, and a second term would likely see him grappling with …

Trump’s policies may open new doors for India’s defence sector: Report
Trending News
1 month ago

Trump’s policies may open new doors for India’s defence sector: Report

Live Mint  

New Delhi, November 25 : The "America First" trade policy promoted by upcoming U.S. President Donald Trump has far-reaching implications for global trade and geopolitics. It said "Indian businesses in sectors such as pharmaceuticals and defense might also find new opportunities, especially if U.S.- India collaboration strengthens. The report said "increased tariffs might prompt retaliatory measures from trade partners, potentially …

US Elections 2024: 5 key points from Donald Trump’s election manifesto that may impact India
1 month, 1 week ago

US Elections 2024: 5 key points from Donald Trump’s election manifesto that may impact India

Live Mint  

Donald Trump has secured his return to the White House as the 47th President of the United States, following a highly-competitive election on November 5, 2024. Trump’s Policy Agenda 5 key points from Donald Trump’s election manifesto that may impact India: Tax Reforms: As per the report, Trump’s policy platform emphasises extending the 2017 Tax Cuts and Jobs Act, which …

Trump's potential return sparks concerns over Indo-US trade ties, tariffs
Trending News
1 month, 2 weeks ago

Trump's potential return sparks concerns over Indo-US trade ties, tariffs

New Indian Express  

Donald Trump’s return as the 47th president of the US will likely put Indo-US trade ties under sharp focus. Trump has promised a fresh wave of tariffs under his ‘America first’ stance, which may adversely affect countries like India and its key sectors such IT, pharmaceuticals, textiles, chemicals and automotive parts. He even proposed import duty increases of 10-20 percent …

India-US trade after Trump returns:Much to fret about but scope for optimism too
1 month, 2 weeks ago

India-US trade after Trump returns:Much to fret about but scope for optimism too

Live Mint  

The much-awaited US election results on Wednesday showed that Donald Trump will be returning to the White House in early 2025. For India, a positive trade balance with the US is important, as it is among the country’s top three trade partners. First, the ‘Make in India’ campaign of Prime Minister Narendra Modi, despite its similarity with ideas like Trump’s …

America First, round two: What Trump's trade agenda means for India and the world
1 month, 2 weeks ago

America First, round two: What Trump's trade agenda means for India and the world

India Today  

With Donald Trump’s return to the White House, global trade dynamics face a seismic shift. India’s strategic balance As Trump brings his protectionist trade policies back, India faces pressure to lower trade barriers or risk tariffs on key exports. Why India matters to the US India holds unique significance for the US — first, as a strategic partner in countering …

Trump victory may pave way for talks on India-US free trade agreement
Trending News
1 month, 2 weeks ago

Trump victory may pave way for talks on India-US free trade agreement

New Indian Express  

NEW DELHI: Donald Trump's re-election as the 47th President of the US has raised expectations about the resumption of some partnerships which were paused during President Joe Biden's term. This includes the possibility of an India-US Free Trade Agreement. "President Trump's comeback to power could lead to India-US FTA negotiations which will provide both sides with greater market access," former …

India, U.S. ink 2 key deals as Defence Minister Rajnath Singh visits Washington
4 months ago

India, U.S. ink 2 key deals as Defence Minister Rajnath Singh visits Washington

The Hindu  

The U.S. and India signed a new non-binding, bilateral defence cooperation agreement— the Security of Supply Arrangement on Friday as Defence Minister Rajnath Singh began his official visit to Washington to further boost the comprehensive global strategic partnership between the two countries. Senior defence officials from both the sides concluded the Security of Supplies Arrangement, and Memorandum of Agreement regarding …

How will policy shifts impact India-US bilateral trade pact
7 months, 4 weeks ago

How will policy shifts impact India-US bilateral trade pact

Live Mint  

Despite shared commitments to bolster trade, the prospect of a comprehensive bilateral trade pact akin to a free trade agreement between the US and India appears dim, according to two people familiar with the matter. However, if the US exits the WTO it could expose Indian exports to higher tariffs, compelling both sides to engage in direct bilateral trade negotiations. …

Watch | Trade diplomacy | What’s the status of India’s Free Trade Agreements?
9 months, 1 week ago

Watch | Trade diplomacy | What’s the status of India’s Free Trade Agreements?

The Hindu  

March 15, 2024 08:53 pm | Updated 09:18 pm IST As India signs a Free Trade Agreement with 4 European Nations, is there hope for other negotiations- from the UK and EU to Oman, Gulf and Eurasian countries? Let’s start with this week’s developments, and a flurry of activities around India’s Free Trade Agreement negotiations just ahead of elections being …

India-China bilateral trade hit a new record in 2023: Envoy
10 months, 2 weeks ago

India-China bilateral trade hit a new record in 2023: Envoy

The Hindu  

India and China trade reached record levels in 2023, said the Chinese envoy to India, indicating that bilateral trade had surpassed 2022 figures despite a slowdown mid-year. Speaking at an event in Delhi celebrating the Chinese New Year, the envoy, Charge D’Affaires Ma Jia said that the growth in trade, to US $136.2 billion went along with other areas of …

Trade push to top agenda of Katherine Tai’s 3-day visit
11 months, 2 weeks ago

Trade push to top agenda of Katherine Tai’s 3-day visit

Hindustan Times  

New Delhi: India and the US will discuss ways to boost bilateral trade during US Trade Representative Katherine Tai’s three-day India visit starting January 12, two officials said. Merchandise trade between the two countries fell by 9% to $79.28 billion in the first eight months The US is concerned about a widening of its trade deficit with India as the …

US Trade Representative Katherine Tai to visit India next week for ministerial meet with Piyush Goyal
11 months, 2 weeks ago

US Trade Representative Katherine Tai to visit India next week for ministerial meet with Piyush Goyal

India TV News  

United States Trade Representative Katherine Tai will visit India from January 12 to 14 to co-chair the ministerial-level meeting of the US-India Trade Policy Forum with Union Commerce and Industry Minister Piyush Goyal. During the 14th ministerial-level meeting of the US-India TPF, Tai and Goyal will “discuss a broad set of issues to enhance the resiliency of the trade relationship, …

India's trade trajectory: FTAs and beyond
1 year, 1 month ago

India's trade trajectory: FTAs and beyond

Live Mint  

India has been refining its global trade strategy, emphasizing a fresh outlook on Free Trade Agreements. India's readiness to face these emerging challenges will determine how well it can fulfil its ambitions of becoming an export-oriented manufacturing hub Not so long ago, India embarked on a journey to strengthen its trade relations with several nations, forging FTAs that promised mutual …

Our PLI schemes are in need of a coherent trade policy
1 year, 6 months ago

Our PLI schemes are in need of a coherent trade policy

Live Mint  

The recent spat between former Reserve Bank of India governor Raghuram Rajan and electronics and information technology minister Ashwini Vaishnaw over the former’s criticism of the production-linked incentive scheme for semiconductors and other manufacturing sectors is part of an ongoing debate on India’s manufacturing policies. Indeed, India’s attempts at kick-starting large-scale ICT manufacturing ignores the uncomfortable realities of GVCs, which …

India-U.S. launch dialogue on strategic trade, seek to tighten export controls
1 year, 6 months ago

India-U.S. launch dialogue on strategic trade, seek to tighten export controls

The Hindu  

June 07, 2023 06:30 pm | Updated 08:55 pm IST - New Delhi India and the U.S. pledged to streamline their export control regimes for critical technologies at the inaugural India-U.S. Strategic Trade Dialogue, as senior delegations led by Foreign Secretary Vinay Kwatra and U.S. Meanwhile, in separate comments, senior U.S. officials indicated a softer line on India-Russia ties and …

India-US deepen ties, first strategic trade dialogue on June 4-5
1 year, 7 months ago

India-US deepen ties, first strategic trade dialogue on June 4-5

Hindustan Times  

Expanding their multi-level engagement, India and US will hold the first meeting of Strategic Trade Dialogue on June 4-5 to implement the outcomes of the initiative on Critical and Emerging Technology by streamlining export controls, enhancing high-tech commerce and facilitating tech transfer between the two countries. File photo of US President Joe Biden and Indian PM Narendra Modi The first …

India, US to hold 1st Strategic Trade Dialogue meet in June
1 year, 7 months ago

India, US to hold 1st Strategic Trade Dialogue meet in June

Hindustan Times  

Expanding their multi-level engagement, India and US will hold the first meeting of Strategic Trade Dialogue on June 4-5 to implement the outcomes of the initiative on Critical and Emerging Technology by streamlining export controls, enhancing high-tech commerce and facilitating tech transfer between the two countries. Foreign Secretary Vinay Kwatra will be travelling to the US next month for the …

US wants to be part of India's economic miracle: Official
1 year, 8 months ago

US wants to be part of India's economic miracle: Official

India Today  

Observing that the more India grows, the better it is for India, for the United States, and for the world, Biden Administration’s point person for South Asia on Thursday said that the US wants to be part of New Delhi's economic miracle. READ | India set to achieve USD 5 trn GDP by FY25, says Nitin Gadkari The United States, …

US Says Committed to Advancing Economic Growth with India
1 year, 8 months ago

US Says Committed to Advancing Economic Growth with India

News 18  

The Biden administration is committed to working together with India in groups like the Quad to advance economic growth and expand bilateral cooperation, the White House has said. “The United States and India have a strong bilateral relationship and that’s including trade as well, trade relationship,” White House Press Secretary Karine Jean-Pierre told reporters at her daily news conference on …

Current Regime Wants to Facilitate FTA, Says UK India Business Council Chief - News18
1 year, 8 months ago

Current Regime Wants to Facilitate FTA, Says UK India Business Council Chief - News18

News 18  

As India and the UK are scheduled to hold the next round of trade talks on April 24, some top business leaders in both the countries are of the opinion that the political turmoil in the western nation has affected the agreement to a certain extent, but now with Rishi Sunak having taken over as the Prime Minister, things are …

Sitharaman defends India’s position on trade, manufacturing and climate
1 year, 8 months ago

Sitharaman defends India’s position on trade, manufacturing and climate

Hindustan Times  

Washington: Finance minister Nirmala Sitharaman has said that India is determined to boost its domestic manufacturing capabilities, framing it is a part of a wider rethink on globalisation, and added that India will continue to pursue bilateral trading agreements even though New Delhi wishes the World Trade Organisation was more progressive and heeded voices of the global south. She has …

India important partner of choice for US: Biden admin
1 year, 10 months ago

India important partner of choice for US: Biden admin

India TV News  

India is an important partner of choice for the United States, the Biden Administration has said ahead of the crucial visit of National Security Advisor Ajit Doval for talks with the top American leadership, including his counterpart Jake Sullivan. “India is an important partner of choice for the United States in a number of spaces, and that includes trade cooperation,” …

India, US to use TPF meet to focus on ‘big picture’ of trade ties
1 year, 11 months ago

India, US to use TPF meet to focus on ‘big picture’ of trade ties

Hindustan Times  

Washington: Union minister for industry and commerce Piyush Goyal has said that India and the United States have decided to use the Trade Policy Forum ministerial meetings to focus on the big picture of the trade relationship, and not get bogged down by squaring off item-by-item market access related details. The big focus in the relationship now includes deepening partnerships …

Goyal-Tai Meet: No Progress On Restoration Of Trade Benefits As US Still Says 'Could Be Considered...'
1 year, 11 months ago

Goyal-Tai Meet: No Progress On Restoration Of Trade Benefits As US Still Says 'Could Be Considered...'

ABP News  

New Delhi: Despite a major push from the Indian side, New Delhi was unable to get the American trade benefits, officially known as the US Generalized System of Preferences program, or GSP, restored for its exporters that were taken away by the former Donald Trump administration of the US. This was the second time that Commerce and Industry Piyush Goyal …

India, US 'thinking Big', Says Goyal, Rules Out Mini Trade Deal or FTA
1 year, 11 months ago

India, US 'thinking Big', Says Goyal, Rules Out Mini Trade Deal or FTA

News 18  

The Modi government and the Biden administration are “thinking big” in terms of their trade and commerce relationship, a top Indian official said Wednesday as he ruled out the previously talked about mini trade deal or a free trade agreement and noted that restoration of GSP is not a priority for New Delhi. To focus our energies on the GSP …

India, US seeking bilateral settlement on longstanding WTO disputes, says Piyush Goyal
1 year, 11 months ago

India, US seeking bilateral settlement on longstanding WTO disputes, says Piyush Goyal

Firstpost  

Piyush Goyal made these comments after the conclusion of the 13th India-US Trade Policy Forum with his US counterpart United States Trade Representative Ambassador Katherine Tai in Washington Washington: Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that India and US are looking to carve out bilateral solutions to the several longstanding World Trade Organization disputes between …

Piyush Goyal discusses investment opportunities, bilateral trade relations with U.S. executives, industry leaders in New York
1 year, 11 months ago

Piyush Goyal discusses investment opportunities, bilateral trade relations with U.S. executives, industry leaders in New York

The Hindu  

Commerce and Industry Minister Piyush Goyal met with chief executives of leading global corporations as well as industry stakeholders here and discussed investment opportunities in India and areas to further strengthen the bilateral trade partnership with the U.S. Mr. Goyal, who is in the U.S. on an official visit, held a series of meetings with the CEOs of investment and …

India-US trade policy forum meet on 11 January in Washington
1 year, 11 months ago

India-US trade policy forum meet on 11 January in Washington

Firstpost  

New Delhi: The 13th India-US Trade Policy Forum will be held on 11 January, 2023. The meeting will be co-chaired by Indian Commerce and Industry Minister Piyush Goyal and US trade representative Katherine Tai in Washington DC. Before attending the 13th Trade Policy Forum, Goyal will hold one to one meeting with USTR Ambassador Katherine Tai. Also Read: India-US forum …

India looking at multilateral agreements that are fair, equitable for all sides: Piyush Goyal
1 year, 11 months ago

India looking at multilateral agreements that are fair, equitable for all sides: Piyush Goyal

The Hindu  

Negotiations for bilateral free trade agreements with several countries are "well on track" and India is also looking at some multilateral pacts that are fair and equitable for all the member countries, Commerce and Industry Minister Piyush Goyal said on January 7. The country is negotiating FTAs with countries including Canada, European Union and the U.K. "We are well on …

Boosting trade, the key to stronger Indo-US ties
2 years ago

Boosting trade, the key to stronger Indo-US ties

Hindustan Times  

In a speech delivered at Microsoft in New Delhi in November, United States treasury secretary Janet Yellen called for a deepening of US-India ties and emphasised the importance of “friendshoring” between the world’s two largest democracies. Bilateral trade hit a record $157 billion in two-way goods and services trade in 2021, and the US is now the top destination for …

Opening stance: The Hindu Editorial on the Australian parliament ratification of trade pact with India
2 years, 1 month ago

Opening stance: The Hindu Editorial on the Australian parliament ratification of trade pact with India

The Hindu  

In what would be India’s first major free trade deal with a developed economy in over a decade, the first phase of a pact sealed with Australia in April this year is likely to be operationalised soon, paving easier market access for Indian services and goods. While the two countries are already part of recently formed global cliques such as …

India, Gulf Council agree to resume negotiations on free trade agreement: Piyush Goyal
2 years, 1 month ago

India, Gulf Council agree to resume negotiations on free trade agreement: Piyush Goyal

Hindustan Times  

India and the Gulf Cooperation Council have agreed to pursue a free trade agreement between the two regions and resume the negotiations, Commerce and Industry Minister Piyush Goyal said on Thursday. India's exports to the GCC member countries grew by 58.26 per cent to about USD 44 billion in 2021-22 against USD 27.8 billion in 2020-21, according to data from …

Mutual benefit: On India-U.S. cooperation on trade
2 years, 1 month ago

Mutual benefit: On India-U.S. cooperation on trade

The Hindu  

Treasury Secretary Janet Yellen’s visit to India last week highlights the renewed focus in the U.S. on strengthening economic ties with Asia’s third-largest economy and ‘one of America’s indispensable partners’. Ms. Yellen’s visit also highlights the opportunities and challenges in the bilateral economic relationship, especially as the current dispensation in Washington moves to mend the ruptures caused by the Trump …

In Search of a US Trade Roadmap Beyond IPEF
2 years, 2 months ago

In Search of a US Trade Roadmap Beyond IPEF

The Diplomat  

The first in-person ministerial meeting since the Indo-Pacific Economic Framework was launched, a Los Angeles gathering in early September, was a success from Washington’s perspective. As Commerce Secretary Gina Raimondo and U.S. Trade Representative Katherine Tai welcomed trade ministers from the 13 IPEF member countries, the meeting went beyond simply being a good photo op to visualize the framework’s union. …

India-U.K. trade pact talks moving in right direction: Commerce Secretary
2 years, 2 months ago

India-U.K. trade pact talks moving in right direction: Commerce Secretary

The Hindu  

Negotiations for the proposed trade pact between India and the United Kingdom are moving in the right direction, and both sides are expected to reach an agreement soon, a top government official said on Thursday, October 20, 2022. In January, both countries formally launched talks for a free trade agreement to boost bilateral trade and investments. In such pacts, two …

India would be happy to discuss trade pact with US: Piyush Goyal
2 years, 3 months ago

India would be happy to discuss trade pact with US: Piyush Goyal

India TV News  

Highlights During the Trump administration India and US had discussed a mini-trade deal to boost economic ties. Piyush Goyal said talks for a trade deal are progressing with Canada and European Union as well. India would be "happy and willing" to negotiate a trade pact with the US, provided America decides to look for a new free trade partner, Commerce …

Caution and clarity: The Hindu Editorial on the U.S.-led Indo-Pacific Economic Framework for Prosperity
2 years, 7 months ago

Caution and clarity: The Hindu Editorial on the U.S.-led Indo-Pacific Economic Framework for Prosperity

The Hindu  

In a sudden decision not previously intimated, India became one of a 13-nation economic initiative led by the U.S., on Monday, as President Joseph Biden unveiled plans for an Indo-Pacific Economic Framework for Prosperity. The initiative is touted as a substantial step by the U.S. as part of its decade-old “pivot to Asia”, and an attempt at putting some “economic …

India an important trade and strategic partner: US Trade Representative
2 years, 8 months ago

India an important trade and strategic partner: US Trade Representative

The Hindu  

India is an important trading and strategic partner of the US, a top Biden administration official has told American lawmakers, asserting that despite some sharp differences, the two countries have agreed to work together on various issues, including the market access commitments. It was very important for us as the USTR and for me personally to go to Delhi to …

After Pork, US Now Wants India to Open Up Its Market for Cherries and Alfalfa Hay
2 years, 9 months ago

After Pork, US Now Wants India to Open Up Its Market for Cherries and Alfalfa Hay

News 18  

After pork, the Joe Biden administration wants India to open up its market for cherries and alfalfa hay, US Trade Representative has told Congress in its latest annual report. Due to the successful revitalisation of the United StatesIndia Trade Policy Forum, India agreed in December 2021 to allow imports of US pork into India, removing a longstanding barrier to US …

U.S., India should set bold goals to achieve $500 billion in bilateral trade, says new USIBC president
2 years, 11 months ago

U.S., India should set bold goals to achieve $500 billion in bilateral trade, says new USIBC president

The Hindu  

After achieving enormous progress in their overall relations, the U.S. and India must now set bold goals to take their ties to a new level and achieve the ambitious target of $500 billion in bilateral trade, Atul Keshap, the new president of the influential U.S. India Business Council has said. “I think it’s vitally important that we show that democracies …

Explained | Have India and U.S. resolved tariff and visa issues?
3 years ago

Explained | Have India and U.S. resolved tariff and visa issues?

The Hindu  

The story so far: U.S. Trade Representative Katherine Tai and India’s Commerce and Industry Minister Piyush Goyal this week co-chaired the U.S.-India Trade Policy Forum, which was reconvened after a gap of four years. A February 2020 article by Alyssa Ayres of the New York city-based Council on Foreign Relations, titled ‘A field guide to U.S.-India trade tensions’, lists eight …

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