Page 39 - Us India Relations

Trump trade mayhem: India's options amid rising global uncertainty

In a fast-changing world, India's focus needs to be on pushing forward a broader, comprehensive trade and investment reform agenda

India and US just took the first big step toward a $500 bn trade goal

India and the US have finalised terms for the first phase of their trade deal, aiming to boost bilateral trade to $500 billion by 2030 and deepen strategic economic ties

As shipments resume, US buyers want Indian sellers to split tariff cost

Exporters say production and shipping products in three months remain a challenge for tailor-made products

India needs 'nuclear energy renaissance', US ready to help: Holtec CEO

India needs a nuclear energy renaissance and the US is interested in helping the country develop a nuclear infrastructure as both nations have a vital shared interest in this area, Holtec CEO Dr Kris Singh has said, voicing optimism that things will move forward under Prime Minister Narendra Modi. India and the US have shared strategic interest in clean energy... Nuclear power should be a unifier and India should naturally take the lead there. For that, India needs to have an exportable technology, Singh told PTI in an exclusive interview at the sprawling Krishna P Singh Technology Campus in Camden, New Jersey. Holtec International is a diversified energy technology company recognised as the leading technology innovator in the field of carbon-free power generation, specifically commercial nuclear and solar energy. In September last year, Singh had met PM Modi here during the Prime Minister's visit for the UN General Assembly high-level session and they had discussed Holtec's plan to

EAM hails India-US counter-terror ties after Tahawwur Rana extradition

Earlier in the day, US Secretary of State Rubio confirmed the extradition of Tahawwur Hussain Rana to India, where he will face charges for his role in planning the 2008 Mumbai terrorist attacks

US Vice President Vance, NSA Waltz expected to visit India from Apr 21

US Vice President J D Vance and National Security Adviser Michael Waltz are expected to be in New Delhi on April 21, reflecting Washington's focus on its relationship with India amid concerns across the globe over President Donald Trump's policy on tariffs. Both the US vice president and national security advisor are likely to embark on separate visits to India from April 21, top sources told PTI on Friday night. Vance's visit is likely to be more of a private trip, even though it will have official components. Waltz's visit will be a purely business trip as he will hold wide-ranging talks with his Indian interlocutors on a range of key issues including the security situation in the Indo-Pacific, the sources said. Both Vance and Waltz are expected to meet Prime Minister Narendra Modi before he travels to Saudi Arabia for a two-day visit from April 22. The visits of Vance and Waltz are taking place against the backdrop of Trump's policy on tariffs that triggered massive trade ...

India-US trade deal must address more on non-tariff barriers: SIA CEO

While tariff is important, the bilateral trade agreement between India and the US should focus more on non-tariff barriers, a top official of Semiconductor Industry Association said on Friday. India can have a higher share in the USD 600 billion semiconductor market if it plays the cards right, Semiconductor Industry Association (SIA) President and CEO John Neuffer said during a panel discussion at Global Technology Summit organised by Carnegie India. "As we think about our bilateral future and our cooperation within the BTA (bilateral trade agreement), we shouldn't over-index on the tariff piece of it. There's no doubt about it, that's really important, but more emphasis needs to be given to the non-tariff barriers. That's been talked about in Washington quite a bit. There's customs problems, there's siting regulations that need to be streamlined," Neuffer said. India and the US are holding discussions for a bilateral trade agreement (BTA) to rationalise import taxes in the ...

India wants to seal US trade deal with an 'urgency' not seen before

During Modi's visit to the White House in February, India and the US had said that they plan to sign a trade deal by the fall of this year

US, EU trade talks moving forward with 'India first' approach: Piyush Goyal

Amid Trump's tariff threats looming across the world, Goyal further stated that India does not negotiate under pressure

'Nothing is just trade, it's personal', says EAM Jaishankar on trade war

External Affairs Minister S Jaishankar said the world is heading towards a period of sharp competition and contestation, where the planning is going to be much harder for different countries

US tariffs on China could make some Indian products more competitive: GTRI

Imposition of steep 125 per cent tariffs on China by the US could help Indian products from sectors such as textiles, leather, engineering, and electronics become more competitive in America, think tank GTRI said on Friday. However, the benefits may be short-lived unless India proactively leverages this breathing space to strengthen its export ecosystem, streamline compliance processes, and enhance engagement with US buyers, the Global Trade Research Initiative (GTRI) said. It suggested that the government reintroduce interest equalisation scheme to help small firms with access to cheaper working capital credit and customs expediting shipments. The 90-day suspension of country-specific tariffs, as outlined in the new executive order, offers a small window of opportunity for Indian exporters, GTRI Founder Ajay Srivastava said. While Chinese goods now face steep tariffs of up to 125 per cent, imports from India will be subject to a flat 10 per cent additional duty, significantly lowe

Tahawwur Rana extradition: US says it supports India's pursuit of justice

Earlier, a spokesperson for the US Department of Justice also commented on Rana's extradition to India and noted that it is a crucial step in seeking justice for the victims of the heinous attacks

US-India continue to work to combat global terrorism: US state dept

US State Department spokesperson Tammy Bruce stated that the US had consistently supported India's efforts to hold those responsible for the attacks accountable

Apple airlifts 600 tonnes of iPhones from India to beat Trump tariffs

The details of the push provide an insight into the U.S. smartphone company's private strategy to navigate around the Trump tariffs

India gets Tahawwur Rana, but US extradition pact curbs prosecution scope

Under the US-India extradition treaty, India must ensure Tahawwur Rana is not tortured, gets adequate prison protection, and is tried only for offences listed in the extradition

India seeks quick trade deal with US after Donald Trump pauses tariffs

India and the United States agreed in February to work on the first phase of a trade deal to be concluded late this year, with a view to reaching two-way trade worth $500 billion by 2030

US' 90-day tariff pause 'key' window, India must act decisively: ICEA

The US' 90-day pause on reciprocal tariffs for countries, including India, creates a critical strategic window for New Delhi to accelerate efforts in attracting electronics manufacturing investments, particularly from companies seeking to diversify their production bases beyond China, a country which now stares at 125 per cent American levy, according to the industry. US President Donald Trump has declared a three-month pause on reciprocal tariffs on non-retaliating countries marking a rather unexpected U-turn after record high levies he imposed led to global stock market meltdown that erased trillions of dollars in investor wealth, and spooked nations and businesses. Trump has, however, made it clear that he would raise tariffs on China, one of America's biggest trading partners, to a staggering 125 per cent after Beijing vowed a fresh round of retaliation. For other countries, the rates will revert to baseline 10 per cent. Pankaj Mohindroo, Chairman of ICEA (India Cellular and ...

India should reconsider negotiating a comprehensive FTA with the US: GTRI

India should reconsider negotiating a comprehensive free trade agreement (FTA) with the US as it could pose challenges to domestic sectors like agriculture, automobiles and pharmaceuticals, think tank GTRI said on Thursday. It cautioned that under trade pact with the US, many of Washington's demands such as weakening India's minimum price support system for farmers, allowing genetically modified food imports, lowering agricultural tariffs, changing patent laws to extend drug monopolies, and letting American e-commerce giants sell directly to consumers pose major risks. The risks include harm to farmer incomes, food security, biodiversity, public health, and the survival of small retailers, the Global Trade Research Initiative (GTRI) said. "Reducing tariffs on farm goods could affect the livelihoods of hundreds of millions, while slashing duties on cars could undercut a sector that accounts for nearly a third of India's manufacturing output. The collapse of Australia's car industry .

Pause on US tariffs a big relief; opens window for trade talks: Exporters

The 90-day deferral of reciprocal tariffs decided by the US has come as a major relief as it provides a crucial window for pushing the talks on the proposed bilateral trade agreement between India and America, exporters said on Thursday. They said that diplomatic engagement and fast-tracking negotiations for the trade pact will help India deal with these tariffs. "It is a good decision by the Trump administration. We have been assured by the commerce ministry that the agreement will be finalised at the earliest," Federation of Indian Export Organisations (FIEO) President S C Ralhan said. He added that the move reflects a strategic pause aimed at avoiding immediate economic fallout while allowing space for potential resolutions. "A huge relief to our exporters. The 90-day deferral of the reciprocal tariff provides a critical window for diplomatic engagement and trade negotiations," Ralhan added. Welcoming the USA's decision, Mumbai-based exporter S K Saraf said that Indian industry

US Treasury Secy defends China tariffs, says India important trade partner

US Secretary of the Treasury Scott Bessent emphasised that such a move focuses on countries like China, which have been contributing to imbalances in the global economy