Gsp

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Gsp - Total results - 28
'No longer acceptable': Donald Trump launches fresh attack on India for imposing tariffs on American products
World

'No longer acceptable': Donald Trump launches fresh attack on India for imposing tariffs on American products

Trump's terse comment came within a fortnight after his meeting with Modi on the sidelines of the G20 Summit in Osaka on 28 June, where the two leaders aired their concerns over the bilateral trade disputes and agreed for a meeting of their commerce ministers to sort out the issues.

US trade delegation visiting India next week to resolve sticky trade issues; Piyush Goyal to travel to Washington soon
World

US trade delegation visiting India next week to resolve sticky trade issues; Piyush Goyal to travel to Washington soon

A high-level trade delegation from the US is expected to visit India next week to find ways to resolve the recent trade tensions between the two countries, official sources said Thursday

US Senate approves India's elevation to NATO-level partnership; mistrust, pursuit of autonomy kept New Delhi away from alliances so far
World

US Senate approves India's elevation to NATO-level partnership; mistrust, pursuit of autonomy kept New Delhi away from alliances so far

All eyes are on India as global players await its reaction to the US Senate passing a legislative provision that brings New Delhi at par with its NATO allies and countries like Israel and South Korea.

Trump administration's policies are cause for friction in US-India ties, coherent strategy needed, says top US lawmaker to Mike Pompeo
India

Trump administration's policies are cause for friction in US-India ties, coherent strategy needed, says top US lawmaker to Mike Pompeo

Before, Secretary of State Mike Pompeo's visit to New Delhi, a top US lawmaker asked him to convey to the Indian government a 'predictable, coherent and consistent' strategy t0 help the bilateral relationship reach its full potential.

US withdrawal of trade benefits likely to impact gems and jewellery exports: Report
Business

US withdrawal of trade benefits likely to impact gems and jewellery exports: Report

The gems and jewellery sector is already under pressure on account of stringent lending rules and working-capital crunch.

Mike Pompeo to push in India for more US access to local markets, says America is open to dialogue to resolve trade differences
Business

Mike Pompeo to push in India for more US access to local markets, says America is open to dialogue to resolve trade differences

Pompeo’s remarks at the US-India Business Council refer to a decision by US President Donald Trump to end preferential trade treatment for India from 5 June over the trade barriers.

US decision to withdraw GSP incentives taken in haste, will hurt exporters, says Industry body CII
Business

US decision to withdraw GSP incentives taken in haste, will hurt exporters, says Industry body CII

The US decision to withdraw export incentives from India has been taken in a "haste" and would hurt the domestic exporters, industry chamber CII said on Monday

External Affairs Minister S Jaishankar faces trial by fire in dealing with Donald Trump's curveball on preferential trade status
India

External Affairs Minister S Jaishankar faces trial by fire in dealing with Donald Trump's curveball on preferential trade status

S Jaishankar must now not only dig deep into his bag of experience and expertise but also involve other government departments.

US to not to go back on decision to suspend preferential trade status for India under GSP, calls it 'done deal'
World

US to not to go back on decision to suspend preferential trade status for India under GSP, calls it 'done deal'

The Trump administration has prioritised working with the Government of India to ensure that US companies have a level playing field, a senior State Department official told reporters on Thursday, hours after Narendra Modi was sworn in as Prime Minister for a second time following his spectacular electoral victory in the general elections.

India, US to engage regularly to resolve trade issues, explore mutually beneficial suitable solutions: Government
Business

India, US to engage regularly to resolve trade issues, explore mutually beneficial suitable solutions: Government

Political and security ties between India and the United States have grown but trade has become problematic.

About 200 US companies seek to move manufacturing base from China to India, says US advocacy group
Business

About 200 US companies seek to move manufacturing base from China to India, says US advocacy group

The US-India Strategic and Partnership Forum's president said the companies are talking to them about how to set up an alternative to China

In which Amit Shah gives it to economists and critics: If economy is booming, govt income and spending are growing, fiscal deficit is falling, where's the crisis?
Business

In which Amit Shah gives it to economists and critics: If economy is booming, govt income and spending are growing, fiscal deficit is falling, where's the crisis?

The success of demonetisation and GST is there for everyone to see, he said, except for the bigoted and the jaundice-eyed.

India wants to keep Iran oil purchases at 300,000 bpd in extended waiver amid US pressure to cut imports to zero
Business

India wants to keep Iran oil purchases at 300,000 bpd in extended waiver amid US pressure to cut imports to zero

Iran was India’s seventh biggest oil supplier in January compared with its position as third biggest a year ago before the reimpostion of sanctions.

India considers moving WTO against US over withdrawal of import sops under trade preference scheme
Business

India considers moving WTO against US over withdrawal of import sops under trade preference scheme

On 5 March, the US decided to withdraw import duty benefits, which was in the range of 1-6 percent, under its Generalised System of Preferences (GSP) programme

Withdrawing GSP status no big deal, but Donald Trump’s myopic act may affect pace of India-US strategic ties
World

Withdrawing GSP status no big deal, but Donald Trump’s myopic act may affect pace of India-US strategic ties

Donald Trump’s decision to end GSP for India is another example of his transactional attitude that focuses on narrow grievances at the cost of harming wider strategic considerations

Donald Trump withdraws GSP duty benefits for India: Seven charts decode India-US trade over a decade
Business

Donald Trump withdraws GSP duty benefits for India: Seven charts decode India-US trade over a decade

India was the largest beneficiary of the GSP programme in 2017 with $5.7 billion in imports given duty-free status

Donald Trump administration talks tough on trade: India needs to keep its powder dry as strategic ties seem shaky
Business

Donald Trump administration talks tough on trade: India needs to keep its powder dry as strategic ties seem shaky

The US cannot eat the cake of being a strategic partner while having the privilege of reckless action and loose words.

Firstpost Editor's Picks: Masood Azhar's writings, Trump's threats, Carol Danvers' history; today's must-read stories
India

Firstpost Editor's Picks: Masood Azhar's writings, Trump's threats, Carol Danvers' history; today's must-read stories

Fifty years old this summer, Masood Azhar is entering his sunset. His empire of hate, though, is nowhere near its end

Miffed with Narendra Modi govt’s actions against US firms, Donald Trump threatens retaliation by ending GSP
World

Miffed with Narendra Modi govt’s actions against US firms, Donald Trump threatens retaliation by ending GSP

The benefit to Indian exports is very low given the already low US customs duties. The GSP is more symbolic than valuable.