INDIAN CONCERNS
Withdrawal of zero duty GSP benefits to 2,000 products
Increasing tariffs on steel under the national security clause
Restrictions on H1B visas impacting IT firms
Inclusion in the Priority Watch List of United States Trade Representative
FTA template containing contentious non-trade issues
US CONCERNS
Restrictions in the cross-country data flow
Restrictive patent laws
High tariffs on Harley Davidson bikes, chickpeas, walnuts etc
Cap on prices of medical devices
Digital Tax on e-commerce
On July 22, Commerce Minister Piyush Goyal tweeted a video with a message that India and the US are on the cusp of a limited trade package. I believe we have a quick trade deal, which has some of the pending matters, built up over the last couple of years, which we need to get out of the way quickly. We are almost there, another couple of calls and we should be able to sort them out,” Goyal said.
This story is from the September 06, 2020 edition of Business Today.
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This story is from the September 06, 2020 edition of Business Today.
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