Generalised System of Preferences
‘Will have trade deal very soon,’ says Donald Trump after meeting PM Modi
The meeting came after Trump’s administration terminated India's designation as beneficiary developing nation under GSP programme.
India, US officials likely to meet soon to discuss trade difference: MEA
This would be the first engagement between the two sides on trade issues after meeting PM Modi had with Trump in Osaka on sidelines of G20.
India won't bargain national interest in trade talks with US: Goyal
India exported goods worth over USD 6 billion under GSP in 2018.
India's exported USD 6.3 bn worth of goods in 2018 under export incentive of US
The US has rolled back incentives under its Generalised System of Preferences (GSP) programme from June 5.
India to impose retaliatory tariff on 29 US items from June 16
A notification with this regard will be issued by the finance ministry soon, sources said.
Trade row a blip in US ties
New Delhi has also raised tariffs on ICT (information and communication technologies) in order to promote its own nascent industry.
India extends deadline to impose high import duties on 29 US products
The govt has extended this deadline over half a dozen times since June 2018.
GSP: Why US striking India off list hurts America too
Negotiations have been underway, with the US government pressing India to not impose such price caps.
India shrugs off US move to scrap preferential trade status
Provision allowed $5.6bn exports to enter US duty free.
US tariff on India may go up; zero tariff may be withdrawn
New rules hit Amazon, Flipkart; US may withdraw zero tariff for India.