US and Indian trade teams started negotiations yesterday as tensions mount over protectionist measures taken by both sides.
Assistant US Trade Representative Christopher Wilson met Indian commerce industry officials in Delhi on Friday, ahead of a meeting with Commerce Minister Piyush Goyal, ministry sources said.
While India and the United States have become increasingly close in recent years, US President Donald Trump took a swipe at the giant South Asian nation on Twitter this week, saying that India’s tariffs were “no longer acceptable”.
Washington removed India from a list of countries that got duty-free access for more than $6 billion of imports to the US earlier this year. The move came on the back of higher US tariffs on Indian steel and aluminium.
In response, New Delhi imposed higher duties on 28 US products including almonds, apples and walnuts last month.