US Trade Deals

US' intervention comes amid worries the licensing regime could impact shipments from the likes of Apple and Dell and force firms to boost local manufacturing

US government data through November suggest that imports and exports in 2022 will add up to an all-time high, or at least come very close, when the final report comes out Feb.

Deadline for agreement will depend on talks, he says as Diwali timeline goes by

Nations joining the US in the Indo-Pacific Economic Framework are Australia, Brunei, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand and Vietnam

According to experts, Japanese Minister Nobuo Kishi's visit to the US in May for talks with Lloyd Austin on enhancing bilateral ties is in response to the 'assertive China' in the Asia-Pacific region.

Government officials said circumstances are now different, with a change in the administration in the US and President Joe Biden taking over in January

Indo-Pacific plan includes Canada and Chile

Goyal said that India is looking forward to work "very" closely with the new US administration to strengthen economic ties

The World Trade Organization recommended on Thursday that the United States bring a series of duties imposed in the pre-Trump era on South Korea into line with global trading rules.

Senator Cantwell expressed disappointment over high import tariffs on apples from her State to India

Earlier this month, Union Commerce Minister Piyush Goyal had said that India has given a "very good and balanced offer" to the US for such a pact

The minister said India is ready to sign the deal "tomorrow", but he has left it to the US to decide on the timing

Govt must move forward on trade deals with US and others

Both New Delhi and Washington should also look at a preferential trade pact with 50 to 100 products and move to a free trade pact in the long term, Goyal said

Officials believe move can lead to an effective trading bloc against China's RCEP; business end of negotiations only by next year

The Indian government has so far not commented officially on the USTR investigation

Official sources said India and the US have almost completed negotiations for first phase of the ambitious deal and it will be formalised soon

India needs an apex body for trade negotiations

The damages awarded, in a document released Friday on the Geneva-based organizations' website, are the third highest in WTO history.

The administration's push is the latest salvo in a global fight over who sets the rules for the internet