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India likely to hold bilateral talks with US over retaliatory tariffs

Govt assessing potential impact of US decision to raise levies on 40 items

Trade
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Exporters came out in support of bilateral discussions, saying this is not the time to retaliate either through counter measures or by approaching the World Trade Organization

Shreya NandiDilasha Seth New Delhi
The Centre is considering holding bilateral talks with the United States over its proposal to impose additional tariffs on 40 items exported from India as a retaliatory measure against the imposition of digital services tax (DST) on American technology giants.
 
A senior government official told Business Standard that the government is meeting stakeholders and studying the impact of the proposed tariffs. “We could also have a government-to-government talk on the matter. The tariffs are being proposed against six countries (Austria, India, Italy, Spain, Turkey, and the United Kingdom) and not just India,” the official said, adding that India will

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