India is an essential partner, we want fair and reciprocal trade: US State Department’s Mingon Houston

India is an essential partner, we want fair and reciprocal trade: US State Department’s Mingon Houston

4 months ago
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 […]
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India needs to be careful after US-Vietnam deal: Experts

4 months ago
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 […]
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India may soon have social security agreement with UK under free trade pact

4 months ago
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 […]
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CONCOR enters bulk cement transport business with specialised containers

4 months ago
Container Corporation of India (CONCOR) has expanded its services into the loose bulk cargo sector, introducing specialized tank containers for transporting bulk cement. The initial movement of these containers has begun from Andhra Pradesh to Bangalore, aiming to provide the cement industry with an efficient, safe, and environmentally friendly transportation solution via rail, reducing reliance […]
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US trade talks: Trump makes big tariff statement again, puts ball firmly in India’s court

4 months ago
US President Donald Trump announced that the US and India are nearing a trade deal with reduced tariffs, aiming for fair competition. Negotiations are intensifying before the July 9 deadline to avoid the reinstatement of 26% reciprocal tariffs. India is taking a firm stance on agricultural issues, seeking preferential access for its exports while resisting […]
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Bessent says US trade deal with India is very close

4 months ago
The U.S. and India are close to a trade deal involving lowered tariffs on American imports, potentially averting increased levies. Negotiations are ongoing to address disagreements on import duties for auto components, steel, and farm goods. While challenges remain, both sides express hope for a successful conclusion, acknowledging the need for compromise to reach an […]
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