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US partnership needs a greater understanding of trade-offs

Business Standard Editorial Comment Mumbai
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Piyush Goyal, US trade representative Katherine Tai

United States Trade Representative Katherine Tai is in India to meet senior Indian officials and restart the US-India Trade Policy Forum after the four-year interregnum during the Donald Trump-led administration. Ms Tai has arrived in India with a packed and clear agenda, much of which has emerged following months-long consultations in Washington with key stakeholders in the US business community, influential voices on Capitol Hill, and other branches of the current administration. This agenda will include India’s digital policies — including data localisation and taxation of US-based tech multinational companies — as well as other regulatory barriers, tariffs, and recent export promotion policies from the Indian government. Problems at the World Trade Organization will also be discussed, as well as the vexed inter-linkage between environmental factors and trading relations. As a carrot, Ms Tai is also likely to mention that India could be re-admitted to the G
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First Published: Nov 22 2021 | 11:05 PM IST

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