Indian gems and jewellery exports to the United States have come to a sudden halt following the imposition of 26% tariffs by the US administration. Industry leaders say the shock move has left exporters scrambling and buyers unwilling to commit, but they are hopeful that an agreement between the two governments can be reached within […]
India holds firm on agricultural tariffs as US pushes for trade concessions – CNBC TV18
The India-Australia Economic Cooperation and Trade Agreement (ECTA) has paved the way for the sale of premium products in India. However, the Indian government has strategically excluded dairy and agriculture-based products from the agreement to safeguard the interests of local farmers. This move has led to friction with the United States, which is pushing for […]
India Inc. concerned about impact of reciprocal tariffs, warns jobs are at stake: Sources – CNBC TV18
The Indian industry is worried about the impact of US reciprocal tariffs set to take effect on April 2, according to sources. While talks for a Bilateral Trade Agreement (BTA) between India and the US are progressing well, sources told CNBC-TV18 that industry leaders are pushing for a swift conclusion to the deal to mitigate […]
US trade envoy to visit India ahead of Trump’s reciprocal tariff rollout: US Embassy – CNBC TV18
With just over a week left before US President Donald Trump’s proposed reciprocal tariffs come into force, a senior US trade official is set to visit India to discuss bilateral relations. Assistant US Trade Representative (USTR) for South and Central Asia, Brendan Lynch will lead a delegation to India from March 25-29, according to a […]
India in talks to reduce tariffs in bilateral trade agreement with US: Sources – CNBC TV18
India is currently engaged in discussions with the United States to reduce average applied tariffs, with the aim of advancing a mutually beneficial trade relationship, sources told CNBC-TV18. This development is seen as part of India’s broader effort to lower tariffs through a series of bilateral trade agreements, following similar steps with countries like Australia, […]