Trade Ministry: Hopeful of sorting trade issues, India may scrap additional duties on 29 US goods

NEW DELHI: India could withdraw from the notification to levy additional duties on the United States of America US administration in New Delhi. The two sides will be able to come back to Washington in the next few days.

"We are hopeful of resolving trade issues before August 4," said an official, adding that the World Trade Organization has not yet decided whether to defer it. From the US side, US Trade Representative (USTR) Assistant for South and Central Asian Affairs Mark Linscott, USTR Assistant for Agricultural Affairs and Commodity Policy Sharon Bomer Lauritsen, Deputy USTR Brendan Lynch and officials from the high commission at the meeting. From India, officials from the ministries of commerce and industry, external affairs, agriculture and animal husbandry were there.

India and the United States have been involved in the past few years. Washington has challenged India's exports and tariffs. New Delhi has, meanwhile, questioned the US tariffs on steel and aluminum and has had a $ 240 million worth of US imports.

However, it dropped Harley Davidson's bikes from the list which, as a whole, was made to keep up with the US. "We have countries where, as an example India, they charge up as much as 100% tariff. We want the tariffs removed, "President Donald Trump had said earlier this week. The two countries plan to follow a two-track approach to iron out trade issues. The first is to resolve concerns about the medium and the other side of the market.

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