India has officially reserved its right to impose retaliatory duties on the United States for placing a 25 per cent tariff on imports of Indian auto parts. However, an official has clarified that this step will not impact ongoing talks for a trade deal between the two countries, and is a procedural move under the…
India Retaliatory Tariff on USA: भारत ने ऑटोमोबाइल सेक्टर पर अमेरिका के राष्ट्रीय सुरक्षा के आधार पर लगाए गए टैरिफ के जवाब में शुक्रवार को विश्व व्यापार संगठन (WTO) में अमेरिका के खिलाफ जवाबी टैरिफ लगाने का प्रस्ताव रखा. यह कदम डोनाल्ड ट्रंप की सरकार के साथ ट्रेड डील पर चल रही बातचीत के बीच…
The United States notified the WTO on Monday that the automotive tariffs were implemented under Section 232. (AI image) The United States has informed the World Trade Organization (WTO) that India’s request for consultations regarding American tariffs on automobiles and auto components under the trade watchdog’s safeguard agreement was unfounded.The United States notified the WTO…
PARIS: While acknowledging unprecedented disruption of multilateral trading system, WTO chief Ngozi Okonjo-Iweala on Tuesday raised the issue of China-backed investment facilitation. While India is opposing this, Okonjo-Iweala wants New Delhi to support the move. “We spoke about issues of reform, about issues that India is interested in, like agriculture and how India needs to…
NEW DELHI: Days before commerce & industry minister Piyush Goyal visits Washington for a fresh round of talks on the proposed bilateral trade agreement, govt has for the first time threatened to act against the US after a barrage of attacks by American President Donald Trump, who called India “tariff king”.Govt’s decision to initiate steps…
<p>US-China के बीच Tariff पर बातचीत के बाद India और US के बीच Tariffs India ने WTO में अमेरिका के स्टील और एल्यूमिनियम पर लगाए गए टैरिफ के जवाब में जवाबी टैरिफ लगाने की बात कही. इस साल अप्रैल में भारत ने WTO के नियमों के तहत अमेरिका से बातचीत की मांग की थी. लेकिन…
NEW DELHI: The United States has told the World Trade Organization (WTO) that its decision to impose tariffs on steel and aluminium imports was taken on national security grounds, not as a safeguard measure, a key distinction that challenges India’s formal complaint filed earlier this month.In a communication dated April 17, the US said the…
Congress leader Jairam Ramesh and PM Modi NEW DELHI: The Congress on Tuesday took a jibe at Prime Minister Narendra Modi over the proposed reciprocal tariffs and said that he should remind his “good friend that the T in WTO stands for Trade, not Trump.”Congress general secretary in-charge communications Jairam Ramesh criticised the proposed reciprocal…