Generalised System of Preferences
Exporters not keen on GSP restoration
Exports to US goes up after withdrawal of benefits.
Trump: ‘Big’ trade deal with India ‘after US polls’
President says ‘US hasn’t been treated very well by India’.
‘We’ll have a trade deal very soon’: Donald Trump after meeting Modi
The meeting came after Trump’s administration in June terminated India's designation as beneficiary developing nation under GSP programme.
India, US officials likely to meet soon to discuss trade difference: MEA
This would be the first engagement between the two sides on trade issues after meeting PM Modi had with Trump in Osaka on sidelines of G20.
India won't bargain national interest in trade talks with US: Goyal
India exported goods worth over USD 6 billion under GSP in 2018.
India's exported USD 6.3 bn worth of goods in 2018 under export incentive of US
The US has rolled back incentives under its Generalised System of Preferences (GSP) programme from June 5.
India to impose retaliatory tariff on 29 US items from June 16
A notification with this regard will be issued by the finance ministry soon, sources said.
Trade row a blip in US ties
American pharmaceutical companies have long been upset over this as they now become uncompetitive.
India extends deadline to impose high import duties on 29 US products
The govt has extended this deadline over half a dozen times since June 2018.
GSP: Why US striking India off list hurts America too
Negotiations have been underway, with the US government pressing India to not impose such price caps.