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The compliance panel report is now expected in December and the arbitrator’s decision in October.
The U.S. and India should set an ambitious goal for their trading relationship to better manage trade tensions between the two countries, the head of a major business group tells Inside U.S. Trade.
The report recommends that U.S. and India seek modest short-term agreements in lieu of a broader free trade deal.
The U.S. and India are at a “pivotal juncture” in their trade relationship, Deputy U.S. Trade Representative Jeffrey Gerrish said on Thursday, acknowledging the possibility of additional U.S. trade actions – including a Section 301 investigation – if New Delhi moves ahead with policies the U.S. has deemed unacceptable.
The United States is claiming that tariffs India imposed on U.S. goods to retaliate against Trump administration actions violate World Trade Organization rules.
A delegation from the Office of the U.S. Trade Representative is slated to travel to India next week to resume trade talks that fell apart earlier this year, according to reports and sources.
The governments of India and Brazil this week joined others in blasting the Commerce Department’s proposal to use countervailing duties against trading partners that undervalue their currency relative to the dollar, calling it a blatant violation of World Trade Organization rules.
India, South Africa and five other countries have proposed that World Trade Organization members consider additional flexibilities for developing members to meet their notification obligations, arguing that, given the difficulty of meeting current commitments, no new obligations should be considered.
President Trump on Friday held several meetings with world leaders in Osaka, Japan, addressing a host of trade issues during a G20 summit that administration officials said was notable for its focus on World Trade Organization reform and digital economy coordination.
Pompeo: “We said we’re going to do our best to make sure that all the right people get in all the right places and work through these problem sets so that we can get out of this and get on with the business of growing each of our two economies.”
India on Thursday prevailed in its challenge of tax and financial incentives provided by U.S. states to the renewable energy industry that are contingent on domestic content, according to a World Trade Organization Dispute Settlement Body panel report.
India last week proposed exemptions to restrictions on fisheries that would apply to all developing and least-developed World Trade Organization members and allow them to subsidize some fishing activities that occur up to 200 miles offshore, without restriction.
President Trump last week signed a proclamation to terminate Generalized System of Preferences eligibility for India, a move opposed by prominent business associations and many on Capitol Hill who have called for further talks between the two governments.
India has re-elected Prime Minister Narendra Modi, a move analysts say might not bode well for its bilateral trade relationship with Washington.
India has re-elected Prime Minister Narendra Modi, a move analysts say might not bode well for its bilateral trade relationship with Washington.
A panel report on India’s compliance in reforming its poultry restrictions is now scheduled for September.
An upcoming shakeup of India's government could be the reset that is needed to reshape New Delhi's bilateral relationship with Washington, former officials from the Office of the U.S. Trade Representative and other agencies said on Monday.
“No party – in the United States or India – would benefit from terminating GSP benefits.”
As some lawmakers call on the administration to refrain from stripping India of its Generalized System of Preferences benefits in lieu of continued negotiations, the Office of the U.S. Trade Representative is considering initiating a Section 301 investigation into Indian trade practices, sources tell Inside U.S. Trade.