NEW DELHI: The Trump administration will share a list of its trade issues with India next week, as the two sides seek to iron out their differences over bilateral trade that have arisen from tit-for-tat tariff actions in the last few months. This was agreed at a new round of talks between the two countries in Washington, an official said. “All issues were discussed.
They were talking of general things, we wanted specific. They will send us a text of what they want, in the next week or ten days,” the official told ET.
While preferential benefits to Indian exports under US Generalised System of Preferences (GSP) and America’s higher tariffs on steel and aluminium were discussed at the talks, the US officials were also curious about the concessions that China has offered India under the Asia Pacific Trade Agreement.
India and US will now take the discussions forward through emails and video conferencing with low likelihood of officials traveling to each other’s countries, the official said.
India has also demanded market access in agriculture, automobiles, auto components and engineering goods, and pressed for resumption of duty cuts for $5.6-billion worth of goods under the US GSP.
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