[ad_1] “The agreement text will be publicly released only after this phase is completed,” one of the officials said. “Both sides will review each chapter, and the FTA will not take immediate effect due to procedural formalities.” Legal vetting or ‘scrubbing’ is the final review of a trade agreement’s text to ensure legal clarity, consistency,…
[ad_1] India and the US are gearing up for the second round of face-to-face talks on the agreement in Washington, with the Indian side led by its chief negotiator Rajesh Agarwal. “This issue is part of India’s agenda note for the talks,” said one of the two persons cited above. These duties, in effect since…
[ad_1] The loudly trumpeted aim of US President Donald Trump is to revive America’s economic mojo. That balanced foreign trade was not all rhetoric but a real part of his agenda hit home only on 2 April, when the US erected a tariff regime that left other countries aghast and economists agape. What dropped jaws…
[ad_1] Although these are early days in the negotiations for a multi-sectoral bilateral trade agreement (BTA) between India and the US, the final outcome is already being envisaged as the ‘mother of all deals’ and a ‘grand trade deal.’ Both countries are expected to negotiate hard for finalizing an agreement that maximizes benefits for their…
[ad_1] Among the fastest to achieve celebrity status in America’s new administration is Karoline Leavitt, the White House press secretary, fielded by President Donald Trump to handle the media. Aged 27, she is the youngest ever to hold this job. To her credit, she already seems to have made the briefing room ‘great again.’ At…
[ad_1] India has long been counted among the world’s top importers of arms. So, any slip in our worldwide rank grabs attention. According to a report by the Stockholm International Peace Research Institute (Sipri), Ukraine displaced India as the top arms importer in the period from 2020 to 2024. Kyiv’s orders accounted for 8.8% of…
[ad_1] Amid global tariff flux and confusion over aims, India has made a relatively straightforward move. It has levied a 10% import duty on lentils, allowed in duty-free earlier, while extending a zero-rate on yellow peas till 31 May. Also Read: India must keep its strategic options open as Trump’s tariffs kick in The new…
[ad_1] Further, there is the possibility of even more drastic measures like “reciprocal tariffs” (with the possible inclusion of foreign value added taxes) and duties on US imports of critical minerals, apart from universal tariffs on all imports. Also Read: Think win-win: India should try some mineral diplomacy in its relations with the US We…
[ad_1] How are these disruptions likely to affect India? Three disruptive moves in particular need to be taken into consideration in this regard—on immigration, trade and tariff policy, and foreign policy. Also Read: Harsh Pant: Trump’s foreign policy recast poses a challenge that India cannot avoid Attacking immigration was Trump’s first major move. He had…
[ad_1] On 3 February, both Canada and Mexico were given a 30-day reprieve, with concessions extracted from them—the beefing up of border patrols to prevent ingress of fentanyl and illegal immigrants. While both Canada and Mexico had threatened retaliatory tariffs, they too have deferred action in the wake of Trump’s decision to temporarily suspend tariffs…
