Sources said while revenues foregone by India would be $190-240 million a year, Washington is asking for tariff concessions in IT products amounting to $3.2 billion
The US President has repeatedly claimed that India is a 'tariff king' and imposes 'tremendously high' tariffs on American products
Trump has repeatedly claimed that India is a 'tariff king' and imposes 'tremendously high' tariffs on American products
Trump has repeatedly claimed that India is a 'tariff king' and imposes 'tremendously high' tariffs on American products
India has been in need of these formidable anti-submarine hunter helicopters for more than a decade now
Trade friction between India and the US has escalated after Trump announced plans earlier this month to end preferential trade treatment for India
India was the largest beneficiary of the programme in 2017 with $5.7 billion in imports to the US given duty-free status
US seek to expand our defense and security cooperation with India and that includes defense and security officials and I will stop there, State Department Deputy Spokesperson Robert Palladino said
India may seek two more months for withdrawal of export benefits
The official said the US expects the ties to continue to improve
US wants India to hold off on tariff increase, Govt won't press for GSP benefits to be reinstated
The setback for India is at worst marginal, if not temporary
What does the withdrawal of USGSP benefits mean for India's exports?
Trump administration wants India to submit plan for trade and market access
The visit came amid simmering tensions between India and Pakistan following one of the deadliest terrorist attacks in Jammu and Kashmir in nearly three decades
With some of these systems, whether it be launching UAVs or virtual, augmented mixed reality, they are trying to focus on bolstering capabilities of platforms the two countries can share
The agreement was reached during the ninth round of the India-US Strategic Security Dialogue
Protocol-wise, it is quite unusual for Pompeo to meet Vijay Gokhale, but over the last few years, the US Secretary of State has met the Foreign Secretary, including his predecessor S Jaishankar
Despite increased protectionism through higher tariffs on imports and easier export norms, the Trump administration has not been able to rein in the US' ballooning global trade deficit
The US trade deficit in goods and services increased by $9.5 billion from $50.3 billion in November to $59.8 billion in December