Wednesday, Nov 30, 2022

India US trade


In a first, India to import large quantity of urea from the US

June 17, 2022 1:27 pm

“More vessels are likely from the US in the months ahead. It will help in diversifying our import sources and sending a message to other suppliers,” an industry expert told The Indian Express.

Govt inks deal with US to phase out equalisation levy

November 25, 2021 12:31 am

On October 8 this year, 136 countries, including India, agreed to enforce a minimum corporate tax rate of 15 per cent, as well as an equitable system of taxing profits of big companies in markets where they are earned. The deal requires countries to remove all digital services tax and other similar unilateral measures.

‘Tariff policies under Trump hit India-US trade relations’

January 05, 2021 1:08 am

The bipartisan Congressional Research Service (CRS), in its latest report, pointed out that India’s recent tariff hikes on cell phones and other telecommunication goods went up from zero per cent to 15-20 per cent in the last few years.

US Congressional caucus urges USTR to push for short-term trade deal with India

August 29, 2020 1:03 am

The letter comes over a month after Commerce and Industry Minister Piyush Goyal said the two countries were close to inking a “quick” trade deal that would get issues pending over the past couple of years “out of the way”.

Conclusion of US-India trade talks to be phase 1 of bilateral deal: Ambassador Sandhu

August 21, 2020 1:46 pm

Such an agreement would reflect the full potential of bilateral and commercial relations, increasing bilateral investments and job creation in both the countries, he emphasised.

Trump has made India’s trade headache more acute. But he has also opened up opportunities

February 20, 2020 10:22 am

Trade has long been a contentious issue between New Delhi and Washington. Donald Trump administration has made the problem more acute, but India too is turning to protectionism.

Ahead of Donald Trump’s Feb visit, ‘limited’ India-US trade deal on the cards

January 30, 2020 4:49 am

While the quantum of incentives involved in the deal is unclear, it could cover products with total annual bilateral trade of around $10 billion.

India: Country meets criteria for preferential trade status, US should reconsider

September 19, 2019 5:57 pm

"Generalized System of Preferences (GSP) is a unilateral decision, given by countries to other countries based on certain criteria. We are a developing country, we meet those criteria," Foreign Secretary Vijay Gokhale said.

With US envoy in attendance, govt holds talks with stakeholders

September 18, 2019 3:00 am

While India’s earlier decision to cap the MRPs of medical devices may not be reversed, the government is learnt to have indicated it would look at premiums for products in these categories that were “innovative”.

Many nations offer India GSP benefits, but US move will affect competitiveness

June 24, 2019 3:11 am

Within the group of countries that provided GSP benefit to India, exports to EU nations were highest, followed by the US, Japan, Russia and Australia, respectively.