US report criticises India’s commerce insurance policies
Apr 02, 2025 04:20 PM IST
It labels India’s common most-favoured-nation (MFN) utilized tariff charge of 17% in 2023 as “the best of any main world economic system.
A day earlier than retaliatory tariff announcement was anticipated on April 2, the Trump administration on Tuesday launched a report criticising India’s commerce insurance policies, highlighting each tariff and non-tariff boundaries that American exporters face within the Indian market.
Officers in India characterised the report as a part of an “annual routine train” and stated it appeared to discuss with some points that had been ironed out and pointed to a number of different elements which can be a part of discussions between the 2 international locations for a bilateral commerce settlement that they wish to signal by fall this yr.
