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…
Latest US Trade Representative News & Updates
Washington, July 9 (IANS) India has mounted a broad defence of its legal, regulatory and corporate safeguards against forced labour, telling the US Trade Representative (USTR) that the country already has the institutions, laws and industry compliance systems needed to achieve the very objectives Washington is seeking through its proposed Section 301 tariff action. Appearing before the USTR’s public hearing on Wednesday (local time), representatives of the Ministry of Commerce and Industry, the …
Washington, July 9 (IANS) The Confederation of Indian Industry (CII) has urged the United States to address concerns over forced labour through bilateral trade mechanisms instead of imposing additional tariffs, telling a US Trade Representative (USTR) hearing that dialogue and compliance would be more effective than punitive trade measures. Presenting the Confederation of Indian Industry’s position during a Section 301 public hearing on Wednesday (local time), Shuchita Sonalika said the proposed…
London/New Delhi, June 26 (IANS) Union Commerce and Industry Minister Piyush Goyal on Friday said the India-UK Comprehensive Economic and Trade Agreement will open the floodgates for greater trade, investment and business opportunities, describing the pact as a comprehensive partnership that goes beyond conventional trade in goods and services and further strengthens India-UK ties.Speaking to reporters in London, Goyal said there was a “great deal of optimism” among businesses in both countr…
New Delhi, June 22 (IANS) India and the United States are set to intensify negotiations on the proposed bilateral trade agreement (BTA), with US Ambassador to India Sergio Gor announcing on Monday that US Trade Representative Jamieson Greer will hold multiple meetings with Union Commerce and Industry Minister Piyush Goyal here to advance the trade deal ahead of a key tariff deadline next month.”Looking forward to welcoming Ambassador Greer @USTradeRep to New Delhi! Multiple sessions scheduled wi…
New Delhi, June 21 (IANS) India and the United States will hold ministerial-level trade talks this week as both countries seek to finalise the framework for the first phase of the proposed bilateral trade agreement (BTA) ahead of a key tariff deadline next month, Union Minister of Commerce and Industry Piyush Goyal said on Sunday.US Trade Representative Jamieson Greer is scheduled to arrive here for a two-day visit, during which he will hold discussions with Goyal.The minister told reporters, “F…
New Delhi, June 10 (IANS) India has refuted claims made by the Trump administration under a US Section 301 trade investigation that there is excess production capacity in the Indian textile and steel sectors which is being used to export goods at low prices.Additional Secretary, Ministry of Commerce, Amitabh Kumar on Wednesday said that India does not have surplus manufacturing capacity in either industry, denying allegations being examined under the US Trade Representative’s (USTR) Section 301 …
Washington, June 9 (IANS) Two senior Democratic senators have urged the Trump administration to restore proposed port fees on Chinese ships, arguing that the move is essential to rebuilding America’s shrinking shipbuilding industry and reducing dependence on China in a sector increasingly viewed as critical to national security.In a letter to US Trade Representative Jamieson Greer, Senators Elizabeth Warren and Mark Kelly said the administration should reinstate Section 301 fees and restrictions…
Washington, May 18 (IANS) Rising fuel prices and growing economic anxiety linked to the Iran conflict are beginning to create political problems for President Donald Trump and Republicans ahead of the US midterm elections, according to media.Senior administration officials and Republican allies defended Trump’s handling of the Iran crisis, while Democrats accused the White House of triggering economic pain through a prolonged conflict in the Gulf region.US Trade Representative Jamieson Greer ack…
Washington, April 23 (IANS) India remains one of the most challenging markets for US trade negotiators, US Trade Representative Jamieson Greer told lawmakers, underscoring persistent barriers in agriculture and market access even as both countries work towards a trade framework.“India is a tough nut to crack,” Greer said during a House Ways and Means Committee hearing, noting that New Delhi has “protected their agricultural markets for a very long time.”His remarks came in response to qu…