05-June-2026
Economy News
 
Govt signals pragmatism after India-US trade talks
05-Jun-2026

India and the US on Thursday wrapped up another round of discussions on an interim trade deal, as both sides sought to bridge gaps in their respective positions. A statement issued by the government after the conclusion of the bilateral talks that began on Monday was, however, non-committal on whether India’s demand for a tariff advantage in the US market in relation to its key Asian competitors was accepted by the US side. On Wednesday, even as the talks were on, Washington proposed additional duties of 12.5% on 44 countries, including India, under Section 301 of its Trade Act for their alleged failure to enforce a ban on forced labour.

News Source:- https://www.financialexpress.com/business/news/govt-signals-pragmatism-after-india-us-trade-talks/4259575/