Page 10 - India Trade Policy

India eyes tariff cut on $23 bn of US imports, to shield $66 bn in exports

Under the deal, India is open to reducing tariffs on 55 per cent of US goods it imports that are now subject to tariffs ranging from 5 per cent to 30 per cent

Senior US trade official Lynch on 5-day visit to India from March 25

Brendan Lynch, the assistant US trade representative for South and Central Asia will pay a five-day visit to India beginning Tuesday to discuss issues relating to trade and tariff between the two countries. Lynch's visit comes days ahead of coming into force of reciprocal tariffs announced by US President Donald Trump. The senior US trade official is expected to hold talks with Commerce Minister Piyush Goyal besides meeting a number of senior Indian officials, it is learnt. The two sides are also expected to hold negotiations to firm a framework for a bilateral trade pact that would address issues relating to levies and market access. "Assistant US Trade Representative for South and Central Asia Brendan Lynch, along with a team of US government officials, will be in India from March 25-29 for meetings with Indian interlocutors as part of ongoing bilateral trade discussions," a US official said. "This visit reflects the United States' continued commitment to advancing a productive

US firms join Donald Trump's tariff salvo on India, appeal to USTR

Appeal to USTR before reciprocal tariffs kick in from April 2

Datanomics: More Chinese market access may help counter Trump tariff impact

While India can look for innovative ideas to balance it out, one of the options available may be to persuade China to give it more market access

India, New Zealand explore digital payments, trade, and investment ties

Prime Minister Narendra Modi, Kiwi PM promise to quickly designate representatives for trade talks

India, China saw strong trade growth in Q4 2024 amid risks: UN report

Developing nations, particularly India and China, saw better than average trade expansion in the fourth quarter of 2024, a UN report has said but warned of a potential for an economic slowdown globally in the upcoming quarters. The latest Global Trade Update by UN Trade and Development (UNCTAD), covering data through early March, said that global trade expanded by nearly USD 1.2 trillion in 2024, reaching USD 33 trilliona result of a 9 per cent rise in services trade and a 2 per cent increase in goods trade. Developing nations, particularly China and India, saw better than average trade expansion, while many developed nations experienced trade contractions, it said. It said that China and India saw stronger trade momentum in Q4 2024 while the US remained a key driver. Merchandise trade showed mixed trends among major economies in Q4 2024. China and India trade continued to increase, particularly in exports. Conversely, export growth in South Korea decelerated, although it remaine

'Somebody is finally exposing them': Trump attacks India's tariffs regime

This development comes as the US prepares to introduce reciprocal tariffs on countries that impose high levies on American goods

US pushes India for a macro trade deal, not tariff tinkering: Lutnick

US commerce secy says agri can't be off the table for talks

Another trade hurdle: How quality control orders are hurting India

The tacit reason for QCOs is to prevent substandard goods from China that many worry are flooding Indian markets

Reciprocal tariffs: India, Thailand most impacted in Asia, says Nomura

On Wednesday, US president Donald Trump reiterated his stance to impose reciprocal tariffs on counties, including India from April 02, 2025, during his address to the Congress

US President Donald Trump and trade policy: What should India do?

The country should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports

Can MAGA and MIGA co-exist? India-US trade tariff talks may hold the key

While a trade deal between India and US looks natural, given differences in economic structure, India will need to improve quality of its exports failing which US will simply turn to other producers

India-US ties: First tranche of trade deal to be negotiated over 7-8 months

Experts upbeat as this comes after Trump's comments on India being the 'biggest tariff abuser'

Trump's trade order: India has an early opportunity to present its position

Economics and geopolitics are intertwined, at least in the context of China, and it is in the interests of both the US and India to continue cooperating

PM Modi to meet Trump with planned tariff cuts to avoid risk of trade-war

Modi's trip to the US on February 12 and 13 comes as Trump plans to announce reciprocal tariffs on many countries, a move aimed at reshaping global trade relationships in favour of United States

India-France trade rose to $20 bn: Chambers of Commerce and Industry Prez

Earlier trade used to be in range of $15-18 billion, and was always seen to be used on the defence, aircraft, the air force, with mostly the industries of defence and aeronautics seen to be involved

EFTA investor delegation to visit Delhi to explore business ties: Goyal

EFTA representatives will be in the national capital with more than 100 investors

PM Modi's Trump strategy sees quick concessions to avoid trade war

India's latest accommodation came on Saturday, when government unveiled the first-ever overhaul to its tariff regime, which included sweeping cuts to duties on imports from textiles to motorcycles

Budget 2025-26: Operationalising the trade route to economic growth

It would have been better had the government gone in for across-the-board Customs duty rationalisation instead of picking and choosing sectors across the board

Economic Survey: External debt remains stable amid global uncertainties

The survey noted that India's external debt has remained stable over the past few years