US, India trade deal to kickstart accordAmy Kazmin
In a major setback to India-US trade relations, US President Donald Trump announced his decision to withdraw India’s name from the Generalized System of Preferences (GSP) program on March 5, 2019. The GSP gives businesses from designated beneficiary countries, a preferential or duty...
An additional 20% import duty imposed in 2019 had proved a significant trade barrier, but last June New Delhi removed the duty burden, in a reciprocal move, and paved the way for bilateral trade expansion. According to new data from the US trade sources, US apple shipments to India since ...
India’s bid to acquire 31 MQ-9B Predator drones from the US has triggered a raging controversy over the big-ticket defense procurement. The main opposition Congress party has questioned the deal, announced during Indian Prime Minister Narendra Modi’s recent State visit to the US, over its hi...
According to experts, Trump needs to show results on trade issues before he launches his re-election bid next year. The withdrawal of GSP is hurting US companies. So if a deal does not fructify soon, there is a strong possibility that Trump could toughen his stand and drag India to the ...
India is likely to give the US access to its dairy and poultry markets in exchange for renegotiated terms for its pharmaceutical, textile and industrial exports under a new bilateral trade deal to be signed during President Donald Trump's visit to New De
The International Trade Administration is accepting public input through 10 September on a proposed rule that would make dozens of regulatory changes which could result in higher AD/CV duties on goods imported from mainland China. USA In focus: India (2022 data) Population: 1.4 bnGDP: US$3,386...
“Additionally, the government should lift constraints on H2-B visas by expanding eligibility to include India so there are options available for addressing employers’ needs for additional seasonal workers. Finally, for all franchisees, the Federal Trade Commission should thoughtfully review the Franchis...
President Donald Trump on Friday announced the South Asian country’sremoval from a special trade program, saying it had “not assured the United States that India will provide equitable and reasonable access to its markets.” The program, known as the Generalized System of Preferences,exempted Ind...
US tariffs in the trade war are prompting companies to move some production out of China, but it’s not going where President Trump would prefer.