Visakhapatnam, June 5 (IANS) Commerce Minister Piyush Goyal said on Friday that India and the US are likely to sign the first phase of the bilateral trade agreement by the middle of July.”We had excellent discussions from June 2-4 this month. We had a full team of officials from different divisions of trade from the US in New Delhi. I also met them yesterday. We are fast-moving towards closing all the open ends. Sometime by the middle of next month or so, we should be in a position to execute a …
Latest United States Trade Representative News & Updates
Mumbai, June 3 (IANS) The proposed India-US trade agreement is “99 per cent there”, with only a few remaining issues left to be resolved, US Ambassador to India Sergio Gor said on Wednesday, expressing optimism that both countries are close to finalising the much-awaited interim trade deal.Speaking to reporters on the sideline of the CITI India 2026 Conference here, Gor said officials from both sides are actively engaged in discussions and are committed to concluding the agreement, which he …
Washington, June 3 (IANS) The United States Trade Representative (USTR), under Section 301 of the Trade Act of 1974, has proposed to impose an additional up to 12.5 per cent tariff on India and 59 other economies over allegations of using forced labour to produce imported goods.In a statement, USTR claimed that 60 economies have failed to enforce rules against imported goods made via forced labour.”Under Section 301 of the Trade Act of 1974 that the acts, policies, and practices of 60 economies …
New Delhi, April 15 (IANS) A team of Commerce Ministry officials is scheduled to visit Washington, DC, next week for trade talks with their US counterparts, according to officials.The talks, being held ahead of US Secretary of State Marco Rubio’s visit to New Delhi next month, will focus on taking forward discussions that have already been held on the interim trade agreement between the two countries, said the official. Earlier, India and the United States decided to reschedule the official me…
Washington, April 1 (IANS) In contrast to its measured tone on India, a new U.S. trade report portrays China as a far more entrenched and systemic challenge — one defined not just by market barriers but by what Washington describes as a state-led model aimed at global dominance. A new report by the Office of the United States Trade Representative (USTR) said China’s policies go beyond traditional trade barriers and reflect a broader strategy to dominate key industries.The 2026 National…
Seoul, Jan 11 (IANS) Trade Minister Yeo Han-koo on Sunday departed for Washington amid US concerns over a recent revision to a South Korean law aimed at addressing false and fabricated online information.”We need to explain the government’s exact policy intentions regarding the domestic digital legislation,” Yeo told Yonhap News Agency ahead of his departure at Incheon International Airport.The U.S. State Department has expressed concerns over the revision of the South Korean law, saying it coul…