The agreement was reached during the ninth round of the India-US Strategic Security Dialogue
Protocol-wise, it is quite unusual for Pompeo to meet Vijay Gokhale, but over the last few years, the US Secretary of State has met the Foreign Secretary, including his predecessor S Jaishankar
Despite increased protectionism through higher tariffs on imports and easier export norms, the Trump administration has not been able to rein in the US' ballooning global trade deficit
The US trade deficit in goods and services increased by $9.5 billion from $50.3 billion in November to $59.8 billion in December
Indian Navy chief Admiral Sunil Lanba 'made it quite clear that there wasn't an immediate potential for a quad', says Admiral Phil Davidson
In expelling India, the largest GSP beneficiary, Trump is making a declaration: While its trade relationship with New Delhi may not be as frayed as it is with Beijing, it's certainly fraught
The new taxes are proposed to rake in an estimated $240 million extra
India's turn towards protectionism may have gone relatively unremarked in the rest of the world so far, but there was always going to be damaging blowback
The commerce ministry has shrugged off concerns that it will have any major economic impact, noting that total benefits amount to roughly $190 million on overall exports of $5.6 billion
Overall impact of US move expected to be minimal on domestic industry
Move to end the GSP for India and Turkey is the latest push by the Trump administration to redress what it considers unfair trading relationships with other countries
US goes too far, but India's response could have been better
India's GSP eligibility had been under threat ever since it was clubbed with Indonesia and Kazakhstan to be scrutinised by a sub-committee under the United States Trade Representatives
The Trump administration notified Congress on Monday that it wants to scrap trade concessions for India.
US President Donald Trump on Monday said he intended to end India's preferential trade treatment under a program that allows $5.6 billion worth of Indian exports to enter the United States duty free
Under the GSP program, India exports $5.6 billion worth of goods to the United States duty-free
India, having exported goods worth $5.6 billion to the US in 2017-18 through the scheme, is the largest beneficiary nation under the US' GSP scheme
New Delhi not providing us equitable and reasonable access to markets. Want to terminate preferential trade status for India, says Trump in letter to US Congress
Both nations have been working to create a mutually acceptable package of 'trade solutions' for the past year
The new taxes are proposed to rake in an estimated $240 million worth of additional taxes