US, India hold talks to calm trade tensions, Wilbur Ross joins by video2 min read . Updated: 14 Feb 2019, 08:09 PM IST
- The fact that India has a $22-billion trade surplus with the US is particularly annoying to the Trump administration
- The meeting comes at a time when the USTR is reviewing India's eligibility as a beneficiary of its GSP under which the it has enjoyed zero tariffs for about 2,000 goods
BUS and Indian government officials pressed on with talks on Thursday to resolve their differences over trade and investment, Indian government sources said, even though US Commerce Secretary Wilbur Ross called off his visit because of bad weather at home.
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