Declining US-India goods trade calls for diversifying the trade basket
Declining US-India goods trade calls for diversifying the trade basket
Hitting the $500 billion trade target will be difficult with over-reliance on a handful of sectors for the bulk of our trade. India must roll back tariff increases, reduce local manufacturing mandates, and ease price controls that hinder trade, while the US must re-authorise the Generalized System of Preferences (GSP) programme and review tariffs on Indian steel and alumnium imports
Hitting the $500 billion trade target will be difficult with over-reliance on a handful of sectors for the bulk of our trade. India must roll back tariff increases, reduce local manufacturing mandates, and ease price controls that hinder trade, while the US must re-authorise the Generalized System of Preferences (GSP) programme and review tariffs on Indian steel and alumnium imports
Hitting the $500 billion trade target will be difficult with over-reliance on a handful of sectors for the bulk of our trade. India must roll back tariff increases, reduce local manufacturing mandates, and ease price controls that hinder trade, while the US must re-authorise the Generalized System of Preferences (GSP) programme and review tariffs on Indian steel and alumnium imports 
