Repeated Trump threats may derail India-US trade package, say officials

Both nations have been working to create a mutually acceptable package of 'trade solutions' for the past year

Repeated threats of high counter-tariffs on Indian goods by US President Donald Trump may derail the initial progress made in crafting a mutually acceptable trade package between the countries, government officials say.

The package has been in the works for the past one year and trade officials have met as many as five times to hammer out a deal that provides an amicable solution to grouses from both sides. India is considering the dismantling of its current price cap regime for coronary stents with a trade margin policy, while it may also allow lower duties on import of certain information