Us tariff: A good news related to tariffs for India has come from America. According to the report, the US has indicated to keep India in a separate category tariff from China, Mexico and Canada. For the first time between India and America, the trade agreement started face to face in the national capital Delhi for the first time. During this time, the concerned American officials indicated to their Indian counterparts that in terms of tariffs, India will not be treated like China, Mexico and Canada.
Now focus on the matter, officers of both countries
The meeting between the business officials of the two countries was held at a time when the recipe of US President Donald Trump is going to be implemented from April 2. Trump launched a trade war with China after taking over the President for the second time in January this year. Also announced tariffs on Canada and Mexico. In this three -day dialogue between India and America in Delhi, both countries will focus on a framework that will benefit both.
America is a special relationship with India
Let us know that this meeting between the officials of the two countries is being held recently after the US visit of Union Commerce Minister Piyush Goyal. Here he met American trade representative Zamison Greyer and Commerce Secretary Howard Lutnik regarding the Indo-US Trade Agreement (BTA). According to the report of Hindustan Times, an official who has been aware of this conversation has said, “It has now been completely clear that America does not see India by associating with countries like China, Mexico and Canada.”
Discussion on ‘Indo-US Fast Track Mechanism’ on Wednesday began on Wednesday among the US team chaired by Brendan Lynch, an Indian officer and USA’s Assistant Trade Representative, headed by Additional Secretary of the Ministry of Commerce, Rajesh Aggarwal. The report said that the framework of the bilateral trade agreement (BTA) is expected to be finalized by Friday.
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