India and the U.S has said that both countries will resolve their differences through talks which had led to deadlock on trade issues. The two countries had discussion of a host of bilateral and global issues such as (a)purchase of S-400 defence system (b)trade irritants (c)Gulf situation (d)Iran crisis (e)counter-terror partnership and (f)India’s proposed laws… Continue reading India and U.S. resolve to work through their trade differences
Tag: India us
India lining up defence deals worth $10 billion with US amid trade row
India is lining up defence deals worth around $10 billion with the US over the next two-three years despite ongoing trade disputes and immigration concern. The latest deal being finalised by India under the foreign military sales programme of the US is for the acquisition of 10 more Poseidon-8I long-range maritime patrol aircraft for over… Continue reading India lining up defence deals worth $10 billion with US amid trade row
No H1B Visa caps in retaliation for data localisation:U.S State Department
The US state department has said the US has no plans to restrict H-1B work visas for countries that force international firms to store data locally. This statement came in the backdrop of a report which had said that the U.S. was considering capping H1Bs at 10-15% of all H1Bs for countries that had a… Continue reading No H1B Visa caps in retaliation for data localisation:U.S State Department
No trade action against India as of now: USTR
The office of the United States Trade Representative (USTR) has announced that there will be not be a trade action against India but US will continue to raise market access concerns with India. The USTR statement came after India had decided to impose retaliatory action against the U.S.’s tariffs on steel and aluminium by imposing… Continue reading No trade action against India as of now: USTR
US cautions India over S-400 deal with Russia, cites strategic partnership choices
The US administration has been persuading India to cancel the Russian S-400 missile defence system. The US has raised a range of concerns over the deal such as systems interoperability to long-term worries over strategic partnership choices. US officials have also indicated that the US is ready to sell India platforms such as its Terminal… Continue reading US cautions India over S-400 deal with Russia, cites strategic partnership choices
India to impose retaliatory tariffs on 29 U.S. goods from June 16
India has decided to impose the long pending retaliatory tariffs on 29 US products after US had withdrawn Generalized system of preferences (GSP) for Indian exporters. This action comes a year after the notification for the retaliatory tariffs was issued in 2018 in response to penal duties imposed on Indian aluminium and steel by the… Continue reading India to impose retaliatory tariffs on 29 U.S. goods from June 16
India delays levying retaliatory tariff on U.S. goods to June 16
Indian government has decided to extend the deadline to impose retaliatory import tariffs on 29 US products till June 16,2019. These deadlines were extended several times since June 2018 when India decided to impose these duties in retaliation to a move by the US to impose high customs duties on certain steel and aluminium products.… Continue reading India delays levying retaliatory tariff on U.S. goods to June 16
India has overly restrictive market barriers
US Commerce secretary has criticised India for its restrictive market access.He said that while U.S is India’s largest export destination but India is the 13th largest export market for the U.S. The US has raised objections on a range of issues which are (a)High tariffs on US Goods (b)Data localisation rules which forced foreign companies… Continue reading India has overly restrictive market barriers
Indian students completing master’s in U.S. stand better chance to get H-1B visas
The US Government has brought in a new visa regime.The new visa regime allows foreign students who complete their master’s or any higher degree from US universities to get a better chance of obtaining H-IB visa. The H1B cap consists of two categories — 20,000 visas open only to applicants with a Master’s or higher… Continue reading Indian students completing master’s in U.S. stand better chance to get H-1B visas
India extends retaliatory tariff deadline on US products
Indian government has extended its deadline to impose retaliatory import duties on 29 US products till May 16,2019. These deadlines were extended several times since June 2018 when India decided to impose these duties in retaliation to a move by the US to impose high customs duties on certain steel and aluminium products. Further,this extension… Continue reading India extends retaliatory tariff deadline on US products
