NIFTY 50

India, US closing in on trade package deal shortly

Updated : September 25, 2018 06:16 AM IST

India and the US are closing in on to sign a trade package as officials from the US Trade Representative (USTR) are in the national capital to discuss and iron out differences between the two nations.

USTR is the United States government agency responsible for developing and recommending United States trade policy to their President.

Having skirmished for months over tit-for-tat tariffs on steel and some agricultural products, the two sides began talks in June that also cover India’s concerns over US steel tariffs and US problems with Indian tariffs on imported IT equipment.

With inputs from Reuters.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV