US exports to India up 18.7%, trade deficit down 5.9%; still concerns over tariffs
The Dollar Business Bureau The US exports to India were increased by 18.7% and the trade deficit between the two nations has declined by nearly 6% in 2017 over the previous year, but still the US continue to complain on various issues including high tariffs and market access to several American goods being shipped to India. “The US goods trade deficit with India was $22.9 billion in 2017, a 5.9% decrease ($1.4 billion) over 2016,” according to the National Trade Estimate 2018, an annual report released by the United States Trade Representative (USTR). India is among the few nations with which the trade deficit of the US has dropped in the past one year. However, the US administration under President Donald Trump ...
WTO opens doors for USA poultry exports to India
The Dollar Business Bureau | @TheDollarBiz A Stamp printed in USA in 1944 shows the Light Brahma Rooster, Centenary of the American poultry industry USA has won a dispute at the World Trade Organization (WTO) over India’s ban on imports of poultry products from USA after India failed to provide any scientific basis for the restrictions for around two years now. India had placed restrictions on imports of poultry products such as poultry meat, eggs, and live pigs from USA in February 2007 due to concerns over Bird Flu. However, USA complained to WTO on March 6, 2012 that the ban was unjustified. It claimed that no outbreak of High Pathogenic Avian Influenza (HPAI) has been recorded in USA since ...
