India-U.S. Trade Pact: Talks Enter Sixth Day, India Pushes for Duty Cuts for Labour-Intensive Sectors

India's Push for Zero Tariff on Labour-intensive Exports is Combination of Economic Strategy and Domestic Politics: GTRI

Get latest articles and stories on Business at LatestLY. As negotiations for a long-anticipated Free Trade Agreement (FTA) between India and the United States enter their final stretch, India is making a last-minute, high-stakes push for full tariff elimination on its labour-intensive exports. Business News | India's Push for Zero Tariff on Labour-intensive Exports is Combination of Economic Strategy and Domestic Politics: GTRI.

India-U.S. trade pact: Talks enter sixth day, India pushes for duty cuts for labour-intensive sectors

India has hardened its position on giving duty concessions to American farm products. It is seeking duty concessions for its labour-intensive goods such as textiles, engineering, leather, gems and jewellery

India's push for zero tariff on labour-intensive exports is combination of economic strategy and domestic politics : GTRI

NEW DELHI : As negotiations for a long-anticipated Free Trade Agreement (FTA) between India and the United States enter their final stretch, India is making a last-minute, high-stakes push for full tariff elimination on its labour-intensive exports. According to Global Trade Research Initiative (GTRI), without duty-free access for sectors like garments, footwear, carpets, and leather goods, the deal could become politically unsellable at home. I…

GTRI Warns India’s Tariff Removal May Hurt Companies

As India contemplates a significant change in its import policy, trade analysts and policymakers are debating the merits of reducing tariffs to boost competitiveness and integrate more fully with global supply chains. In a research note released Thursday, the Global Trade Research Initiative (GTRI)—a leading Indian trade think tank—warned that removing or drastically lowering tariffs could threaten the survival of domestic manufacturers and unde…