Motilal Oswal
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Motilal Oswal
Economy

US, India hold talks to calm trade tensions, US' Wilbur Ross joins by video

Updated : February 14, 2019 02:47 PM IST

Ross addressed a US-India CEO Forum by video after his flight was cancelled and was due to similarly join the commercial dialogue later in the day with commerce minister Suresh Prabhu, the sources said.
India and the United States are sparring over a range of issues, from India's new rules on e-commerce that affect firms such as Amazon and Walmart to data localisation and its tariffs that US President Donald Trump says are exceptionally high.
Washington has also had a longstanding grievance with India over its large trade deficit with the United States and what it sees as the Indian government's lax intellectual property enforcement.
US, India hold talks to calm trade tensions, US' Wilbur Ross joins by video
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