India to gain from lower US tariffs: Moody’s

Moody’s Ratings suggests India stands to gain from lower US tariffs compared to other Asia-Pacific nations, potentially boosting investment and its manufacturing hub ambitions. FTAs with the UK and EU could further aid this progress. However, US reshoring initiatives might limit India’s gains, despite recent reciprocal tariffs imposed by the US on Indian goods.

India is considering allowing imports of specific genetically modified farm products for animal feed as part of a potential trade agreement with the US. However, New Delhi is firm on not providing market access concessions in the dairy and agricultural sectors. The trade deal talks are nearing completion and could be announced before the US […]

S. Jaishankar has conveyed India’s worries to US Senator Lindsey Graham regarding the proposed bill. The bill suggests a 500% tariff on nations importing Russian energy. India seeks a waiver and has discussed its energy and security interests. Graham claims Trump supports the bill. Jaishankar also addressed the need for greater international cooperation against terrorism.

Kerala expresses worry about the India-US trade deal. The state fears negative impacts on crops like coconut and rubber. Agriculture Minister P Prasad urges consultation with states. He opposes GM crops due to ecological concerns. Trade negotiators are in the US to secure a deal. NITI Aayog’s GM soyabean recommendation faces opposition. Kerala seeks protection […]

The United States considers India a vital partner in the Indo-Pacific. Both nations are engaged in discussions for a bilateral trade agreement. The US aims for fair and reciprocal trade relations. Talks are ongoing, with a deadline approaching soon. Donald Trump anticipates a trade deal with reduced tariffs. India is taking a firm stance on […]

India must exercise caution in trade negotiations with the US, considering the terms of the US-Vietnam trade deal. The new pact imposes a flat 20% tariff and a 40% tariff on transshipped goods from Vietnam, deviating from previous agreements. Experts warn that these transshipment tariffs could impact India’s pharmaceutical and electronics exports, where import components […]

India and the US are in talks for a social security agreement. This could be part of a larger trade deal. Such agreements may become standard in future trade negotiations. Labour Ministry sources confirm this move. A recent meeting discussed the matter. India aims to include these agreements in all FTAs. This benefits Indian professionals […]

India and the US are engaged in intense negotiations to finalise a trade deal before July 9, addressing politically sensitive issues like market access for genetically modified (GM) crops. A proposed ‘self-certification’ mechanism for US exporters aims to ease concerns about GM-free status.

India and the UK have finalized a free trade agreement that includes a social security pact, ensuring employees on foreign assignments avoid double social security contributions. This agreement, a reciprocal arrangement, allows employees to get full pension benefits while employers are spared from making double payments. India plans to include such social security agreements in […]