Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

India-US trade talks to be held on July 12 in New Delhi.


Date: 11-07-2019
Subject: India-US trade talks to be held on July 12 in New Delhi
India and the United States are to hold talks here on July 12 aimed at resolving the recent trade tensions between the two countries against the backdrop of President Trump's remarks on high Indian trade tariffs. 

A team of US Trade Representative (USTR) will hold talks with senior officials of the Commerce ministry. 

"On trade, Foreign Secretary (Vijay Gokhale) did mention in his briefing that the two sides will meet very soon. And I understand that ministry officials from the two sides are going to meet in the next couple of weeks," External Affairs Ministry spokesperson Raveesh Kumar told the media last Thursday. 

This would be the first engagement between the two sides on trade issues after the meeting Prime Minister Narendra Modi had with US President Donald Trump in Osaka on the sidelines of the G20 summit. 

The trade talks between the two countries slowed down after Washington rolled back the privileges that New Delhi was enjoying under their GSP or Generalised System of Preferences programme since June 5. 

External Affairs Ministry spokesperson Raveesh Kumar told the media last Thursday. 

This would be the first engagement between the two sides on trade issues after the meeting Prime Minister Narendra Modi had with US President Donald Trump in Osaka on the sidelines of the G20 summit. 

The trade talks between the two countries slowed down after Washington rolled back the privileges that New Delhi was enjoying under their GSP or Generalised System of Preferences programme since June 5. 

The GSP, implemented since 1974, is the largest and oldest US trade-preference scheme and it allows duty-free imports for thousands of products from designated beneficiary countries. 

On its part, India had also imposed retaliatory tariffs on 25 American goods, less than two weeks after the Trump administration announced an end to the preferential trade treatment for India over the trade barriers. 

On Tuesday, US President Donald Trump once again attacked New Delhi for imposing high import duties, saying that tariffs are "no longer acceptable". 

"India has long had a field day putting Tariffs on American products. No longer acceptable!" tweeted Trump. 

During US State Secretary Mike Pompeo's visit to New Delhi, India and the US had acknowledged there were issues between the two countries on trade and committed themselves to remove differences between them. 

Speaking to the media after talks with the visiting US Secretary of State Mike Pompeo, External Affairs Minister S. Jaishankar said both the countries should take "constructive and pragmatic view" on the issues pertaining to trade between them. 

Source: economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 30-05-2025
Notification No. 31/2025-Customs
Seeks to i. extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.03.2026; ii. to reduce the basic custom duty on crude soya bean oil (HS Code 15071000), crude sunflower oil (HS Code 15121110), and crude palm oil (HS Code 15111000) from 20% to 10%

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 26-05-2025
NOTIFICATION No. 37/2025-Customs (N.T.)
Notification of ICD Jalna, Maharashtra u/s. 7(1)(aa) of Customs Act, 1962" and it was issued under Section 7(1)(aa) of Customs Act, 1962

Date: 23-05-2025
Notification No. 30/2025-Customs
Seeks to amend notification No. 55/2022-Customs dated 31.10.2022 to remove the condition required for availing exemption on Bangalore Rose Onion.

Date: 23-05-2025
NOTIFICATION No. 36/2025 - Customs (N.T.)
Amendment in the Notification No. 63-1994-Customs (N.T) dated 21.11.1994 in respect of Land Customs Station, Raxaul

Date: 15-05-2025
Notification No. 34/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 09-05-2025
Notification No. 29/2025-Customs
Seeks to exempt works of art and antiques from Basic Customs Duty

Date: 30-04-2025
Notification No. 02/2025-Customs (CVD)
Seeks to amend Notification No. 05/2024-Customs (CVD) dated the 11th September, 2024 so as to align with changes made vide Finance Act, 2025

Date: 30-04-2025
Notification No. 26/2025-Customs
Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025

Date: 30-04-2025
Notification No. 27/2025-Customs
Seeks to amend Second Schedule to the Customs Tariff Act, to align it with changes made in the First Schedule to the Customs Tariff Act vide Finance Act, 2025.



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001