Washington, July 9 (IANS) The Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the United States to abandon its proposed across-the-board tariff on Indian imports, arguing that a targeted, evidence-based approach would be far more effective in addressing forced labour concerns than blanket duties covering all sectors. Presenting Indian industry’s position before a US Trade Representative (USTR) Section 301 hearing on Wednesday (local time), FICCI representative Poornima S…
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Washington, July 8 (IANS) India’s leading industry bodies on Wednesday urged the United States Trade Representative (USTR) to drop its proposed 12.5 per cent tariff on Indian imports, arguing that Indian businesses already operate under stringent labour and environmental compliance systems and that broad-based tariffs would raise costs for American manufacturers without helping eliminate forced labour. Appearing before a USTR Section 301 hearing, representatives of the Federation of Indian Chamb…