US trade talks on, government seeks industry inputs
The Indian government is engaging with industry representatives regarding the proposed trade deal with the US, focusing on product-specific tariffs and rules of origin. Businesses are being prepared for potential reciprocal tariffs and are asked to identify non-tariff barriers. The US rules of origin, which emphasize changes in product form and character, differ from India's value addition approach.
The Indian government is engaging with industry representatives regarding the proposed trade deal with the US, focusing on product-specific tariffs and rules of origin. Businesses are being prepared for potential reciprocal tariffs and are asked to identify non-tariff barriers. The US rules of origin, which emphasize changes in product form and character, differ from India's value addition approach.
