Says negotiating a trade agreement could be trickier and force India to make 'difficult concessions'
Engaging with various departments, apprising them of sector-specific dynamics
This forecast considers various scenarios, including the US government's planned reciprocal tariffs in early April and the price elasticity of US demand for Indian exports
Current allocation may not be enough to design and implement support schemes
But the figure narrowed during April-Jan, blunting these apprehensions
During April-January, exports grew only 1.39 per cent, while imports saw a 7.4 per cent increase
New Delhi is also trying to decipher what will be the shape of the US's proposed reciprocal tariff law before drawing conclusions regarding its consistency with respect to global trade norms under WTO
Both countries will hold talks to increase market access, reduce tariff and non-tariff barriers, and deepen supply chain integration
The European Commission on Friday said the US's 'reciprocal' policy is a step in the wrong direction and will react firmly and immediately against unjustified barriers to free and fair trade
Experts upbeat as this comes after Trump's comments on India being the 'biggest tariff abuser'
US President says he will impose reciprocal tariff on India even as he acknowledges New Delhi's decision to reduce basic customs duties on certain items
Once a government signs a deal with another government, in democracies such as India and the EFTA countries, you have to go through ratification in Parliament and or sometimes its Cabinet
The Israel-India Business Forum saw participation from industry members of both countries
Besides 25% duty on all steel, aluminium imports, US plans 'reciprocal tariffs'
The development comes against the backdrop of an investment commitment made by EFTA nations under the trade agreement--$50 billion investment in India
Both countries are expected to discuss the deportation of illegal Indian immigrants by the US government
Inter-departmental meetings being held to identify key trade-related proposals
DPIIT will soon spell out the data sharing norms of the GatiShakti national masterplan with the private sector
China on Tuesday announced retaliation and said the country plans to impose higher tariffs on US imports
Scheme in works to help MSMEs access credit without collateral; aims to support 100,000 exporters