Business Standard

To tax or not? Govt makes last ditch attempt to save India-US trade package

US wants India to hold off on tariff increase, Govt won't press for GSP benefits to be reinstated

Chart
Premium

Subhayan Chakraborty New Delhi
Less than a month before the country goes to polls, the government is pushing forward on the proposed India-US trade package to clear pending bilateral issues and leave behind the bad blood caused by America cancelling India's Generalized System of Preferences (GSP) benefits.

Keen to salvage its engagement with Washington DC that has gone southbound ever since the Trump administration came in, India has called for a final set of meetings with US trade officials, soon. "The Prime Ministers office has directed that there be constant communication and a joint solution should be reached with the US," a senior government

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in