...
...

gsp news

US to consider restoring GSP concessions to India

Union commerce minister Piyush Goyal with US trade representative Katherine Tai.
Updated on Nov 24, 2021 04:25 am IST

Fear of poaching by Opposition BPF leaves ruling members of BTC holed up in Guwahati hotel

UPPL president Promod Boro and Gobinda Basumatary are felicitated after being sworn in as the new chief executive member and deputy CEM of the Bodoland Territorial Council at an oath-taking ceremony at Greenfield, in Kokrajhar on December 15.
Updated on Dec 16, 2020 04:11 pm IST

HostBooks Selected as GST Suvidha Provider (GSP) by GSTN

HostBooks Selected as GST Suvidha Providers (GSP) by GSTN
Updated on Dec 04, 2019 04:16 pm IST

Ending India’s preferential status hurts, 44 US lawmakers tell Donald Trump

The lawmakers told the Trump administration said that after the termination of GSP to India the costs for their constituents are growing every day.
Updated on Jun 30, 2020 09:58 pm IST

Modi, Trump talk trade, Iran in ‘productive’ meet

The people familiar with the discussions said the new commerce minister, Piyush Goyal, and the minister of state, Hardeep Puri, a seasoned negotiator, could handle the trade issues.
Updated on Jun 29, 2019 12:00 am IST

US President Trump wants India to withdraw recently hiked tariffs

President Trump has pushed trade aggressively with all of America’s trading partners, and he now intends to bring it up with Prime Minister Modi at their upcoming meeting, which will be their first after the Indian leader’s re-election.
Updated on Jun 27, 2019 08:40 pm IST

US-India trade tension hangs over Indian capital markets

The US imposed duties on steel and aluminium from India following which a retaliation was deferred until now. (Dhiraj Singh/Bloomberg)
Updated on Jun 16, 2019 11:37 am IST

India levies higher customs duty on 28 US products

India on Saturday announced a hike in customs duties on as many as 28 US products, including almond, pulses and walnut, in response to higher tariffs imposed by Washington on Indian products like steel and aluminium.
Updated on Jun 16, 2019 07:38 am IST

A robust relationship with the US is central for India. But at what cost?

Modi has had little time to savour his landslide win. His second term, paradoxically, has started with troubles caused by India’s close friend — a superpower that regards India as the fulcrum of its Asia strategy
Updated on Jun 07, 2019 10:08 pm IST

Jaishankar has his work cut out

Prime Minister Narendra Modi and President Donald Trump, Manila, The Philippines, 2017.
Published on Jun 05, 2019 08:46 am IST

US move to scrap preferential trade status unfortunate: Government

M Narendra Modi with US President Donald Trump during a meeting in Manila in November 2017.
Updated on Jun 01, 2019 11:56 pm IST

US to end trade privileges for India on June 5, says Donald Trump

Trump had announced his intention to remove India from the Generalized System of Preferences (GSP) program in early March.
Updated on Jun 01, 2019 11:07 am IST

PM-elect Modi must use his mandate to resolve Indo-US trade tussles

Indo-US talks could resume whenever Modi government 2.0 is ready, but it does not apparently have much time.
Updated on May 27, 2019 08:12 am IST

In relief for India, US could delay action on oil, trade sanctions till June

US commerce secretary Wilbur Ross too hinted the two sides will maintain their positions in his speech at the Trade Winds business forum, while raising the issue of trade imbalance with India.
Updated on May 08, 2019 11:41 am IST

US lawmakers urge Trump admin to not terminate GSP for India

A bipartisan group of 25 members of US congress have urged the Trump administration to not terminate India’s eligibility for a zero-duty import programme and asked negotiation be continued to find a solution.
Published on May 03, 2019 10:22 pm IST

India, Turkey on ‘same page’ as US threatens sanctions over Iran oil import

Despite the threat of sanctions, Ibrahim Kalin said Turkey had no plans to cut oil imports to zero or to stop trade with Iran “for the time being”.
Published on Apr 26, 2019 10:50 pm IST

US lawmakers bat for India, seek more time to resolve duty-free trade issues

Image for representation
Updated on Apr 13, 2019 09:07 pm IST

Scrapping India’s trade privileges could hit American consumers, US senators say

Last June, India said it would step up import duties varying from 20 percent to 120 percent on a slew of U.S. farm, steel and iron products, angered by Washington’s refusal to exempt it from new steel and aluminium tariffs.
Published on Apr 13, 2019 05:33 pm IST

‘Scrapping India’s trade privileges could hit American consumers’: US senators

If US President Donald Trump presses ahead with his plan to end the Generalized System of Preferences (GSP) for India, it could lose the status in early May, Indian officials have said, raising the prospect of retaliatory tariffs.
Updated on Apr 13, 2019 03:36 pm IST

India-US ties must be self-sustaining

Prime Minister Narendra Modi and President Donald Trump at the White House, June 2017
Updated on Apr 08, 2019 09:18 pm IST

‘India has offered new package to US to fix trade irritants’: Suresh Prabhu

Minister of commerce and industry Suresh Prabhu.
Updated on Apr 04, 2019 12:11 pm IST

US lawmakers ask for GSP talks to be held after elections

A bipartisan duo of US lawmakers on Wednesday urged the Trump administration delay the termination of zero-tariff trade benefits for India till after election to make room for discussions.
Updated on Mar 29, 2019 07:51 am IST

Negotiation is the only way out of the India-US trade war

India should keep its eye on the big picture. Since the country began liberalising its economy in 1991, its bilateral trade with the United States has increased dramatically and India is the ninth largest trading partner of the US today.
Updated on Mar 15, 2019 03:39 pm IST

Will end preferential trade with India: US

US President Donald Trump (R) greets Indian Prime Minister Narendra Modi during their joint news conference in the Rose Garden of the White House in Washington, U.S., June 26, 2017.
Updated on Mar 05, 2019 11:04 pm IST

With polls round the corner, a new trade deal with the US is unlikely

US President Donald Trump holds a bilateral meeting with Prime Minister Narendra Modi during the ASEAN Summit, Manila, The Philippines, November 13, 2017
Published on Mar 05, 2019 05:44 pm IST

Donald Trump to end trade preference deal, India says won’t hit exports

India has been the top beneficiary of this programme that extends zero-tariff regime for some goods to 120 countries.
Updated on Mar 05, 2019 11:41 am IST

US considers withdrawal of zero tariffs for India: Report

U.S. President Donald Trump with PM Narendra Modi.
Updated on Feb 08, 2019 05:11 pm IST

US withdraws duty-free concession on import of 50 Indian products

Indian products removed from the GSP include areca nuts, mangoes processed by vinegar or acetic acid, plain weave handloom cotton fabrics containing over 85 per cotton by weight, handloom carpets and textile floor coverings, among others.
Published on Nov 01, 2018 09:12 pm IST

50 Indian items face heat as US revokes duty-free privileges on import of 90 products

President Donald Trump issued a presidential proclamation, leading to the removal of these products from the privilege beginning November 1.
Updated on Nov 01, 2018 01:07 pm IST