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U.S., India hold talks to calm trade tensions, Ross joins by video

World Business

U.S., India hold talks to calm trade tensions, Ross joins by video

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US-India relations

U.S. and Indian government officials pressed on with talks on Thursday to resolve their differences over trade and investment, Indian government sources said.

Meanwhile, U.S. Commerce Secretary Wilbur Ross has, however, called off his visit because of bad weather at home.

Ross addressed a U.S.-India CEO Forum by video after his flight was canceled.

He was due to similarly join the commercial dialogue later in the day with Indian Commerce Minister Suresh Prabhu.

U.S. ambassador to India Kenneth Juster is leading the delegation on the ground.

India and the U.S. are sparring over a range of issues, from India’s new rules on e-ecommerce that affect firms such as Amazon and Walmart to data localisation.

Also its tariffs that U.S. President Donald Trump says are exceptionally high.

Washington has also had a longstanding grievance with India over its large trade deficit with the U.S. and what it sees as the Indian government’s lax intellectual property enforcement. (Reuters/NAN)

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