New Delhi, July 13 (IANS) Commerce and Industry Minister Piyush Goyal on Monday refuted a Reuters report, which claimed that India allegedly rejected a quick trade agreement with the US in recent trade negotiations, as “completely false” and “baseless”.In a post on X, Goyal said: “This news is completely false, baseless and misleading”.”I had fantastic meetings with USTR Jamieson Greer, when he visited Delhi in June. Both sides reaffirmed their commitment to an agreement that is balanced, commer…
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Washington, July 8 (IANS) India on Wednesday urged the United States to pursue cooperation rather than punitive tariffs to address forced labour concerns, telling a U.S. Trade Representative (USTR) hearing that strengthening compliance mechanisms would be more effective than imposing blanket duties on Indian exports. Responding to questions from USTR officials, Shuchita Sonalika, representing the Confederation of Indian Industry (CII), said India favoured collaborative efforts to improve labour …
Washington, July 8 (IANS) India on Wednesday told the U.S. Trade Representative (USTR) that its proposed 12.5 per cent tariff on Indian imports lacks the legal and evidentiary basis required under Section 301, arguing that Washington has failed to establish any causal link between India’s policies and harm to U.S. commerce. Presenting India’s case before a USTR public hearing, Dr. Brij Mohan of the Ministry of Commerce and Industry said the investigation relied on broad assumptions rather than c…
Washington, July 8 (IANS) India on Wednesday strongly opposed the proposed 12.5 per cent additional US tariff on its exports during a US Trade Representative (USTR) Section 301 hearing, arguing that the investigation lacks a legal and factual basis and warning that the proposed action would disrupt supply chains without advancing efforts to eliminate forced labour.Appearing before the USTR hearing panel, Dr Brij Mohan of the Ministry of Commerce and Industry said India objected to the proposed c…
Washington, July 2 (IANS) India will mount a coordinated challenge next week to a proposed US tariff on its exports, with government officials and leading industry bodies arguing that Washington’s findings on forced labour are legally flawed, unsupported by evidence and could disrupt supply chains linking the world’s largest and fifth-largest economies.The challenge will be presented before the Office of the US Trade Representative’s (USTR) Section 301 Committee on July 8.Poornima Shenoy of the …
New Delhi, June 24 (IANS) Commerce and Industry Minister Piyush Goyal on Wednesday concluded a series of meetings with US Trade Representative Ambassador Jamieson Greer and his delegation towards advancing a mutually beneficial bilateral trade agreement (BTA).India remains committed to working constructively with the United States to further deepen economic ties and create new opportunities for growth and innovation, he said.”We reviewed progress of the ongoing India–US trade discussions and e…
Washington, June 3 (IANS) US Trade Representative (USTR) Jamieson Greer has said that President Donald Trump’s administration will release results of its trade investigations into dozens of trading partners, including South Korea, China and Japan, “over the next few weeks.”Greer made the remarks in a CNBC interview, as the investigations have been in progress under Section 301 of the 1974 Trade Act to uncover “unfair” trade practices related to “structural” excess capacity and production, and to…
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…
Washington, March 13 (IANS) The Office of the US Trade Representative (USTR) has opened investigations into 60 economies, including South Korea, China and Japan, to determine whether their governments have taken sufficient steps to ban the importation of goods produced with forced labour.The office said the investigations were initiated under Section 301 of the 1974 Trade Act, as U.S. President Donald Trump’s administration pushes to roll out new tariffs to replace the country-specific emergency…