Social News XYZ     

Prof K Nageshwar: Trump to sell US chicken legs to India (Video)

         అమెరికా కోళ్ళ కాళ్ళు అమ్మెందుకేనా ట్రంప్ వచ్చేది?||Trump to sell  US chicken legs to India ||

India, the world's largest milk-producing nation, has traditionally restricted dairy imports to protect the livelihoods of 80 million rural households involved in the industry, reported Reuters.

But Prime Minister Narendra Modi is trying to pull all the stops for the US president's 24-25 February visit, aimed at rebuilding bonds between the world's largest democracies. In 2019, Trump suspended India's special trade designation that dated back to 1970s, after Modi put price caps on medical devices, such as cardiac stents and knee implants, and introduced new data localisation requirements and e-commerce restrictions.

Trump's trip to India has raised hopes that he would restore some of the country's US trade preferences, in exchange for tariff reductions and other concessions.

 

The United States is India's second-largest trade partner after China, and bilateral goods and services trade climbed to a record $142.6 billion in 2018. The United States had a $23.2 billion goods trade deficit in 2019 with India, its 9th largest trading partner in goods.

India has offered to allow imports of US chicken legs, turkey and produce such as blueberries and cherries, Indian government sources said, and has offered to cut tariffs on chicken legs from 100 percent to 25 percent. US negotiators want that tariff cut to 10 percent.

Facebook Comments
Prof K Nageshwar: Trump to sell US chicken legs to India (Video)

About SocialNewsXYZ

An Indo-American News website. It covers Gossips, Politics, Movies, Technolgy, and Sports News and Photo Galleries and Live Coverage of Events via Youtube. The website is established in 2015 and is owned by AGK FIRE INC.

Summary
Prof K Nageshwar: Trump to sell US chicken legs to India (Video)
Title
Prof K Nageshwar: Trump to sell US chicken legs to India (Video)
Description

అమెరికా కోళ్ళ కాళ్ళు అమ్మెందుకేనా ట్రంప్ వచ్చేది?||Trump to sell US chicken legs to India || India, the world's largest milk-producing nation, has traditionally restricted dairy imports to protect the livelihoods of 80 million rural households involved in the industry, reported Reuters. But Prime Minister Narendra Modi is trying to pull all the stops for the US president's 24-25 February visit, aimed at rebuilding bonds between the world's largest democracies. In 2019, Trump suspended India's special trade designation that dated back to 1970s, after Modi put price caps on medical devices, such as cardiac stents and knee implants, and introduced new data localisation requirements and e-commerce restrictions. Trump's trip to India has raised hopes that he would restore some of the country's US trade preferences, in exchange for tariff reductions and other concessions. The United States is India's second-largest trade partner after China, and bilateral goods and services trade climbed to a record $142.6 billion in 2018. The United States had a $23.2 billion goods trade deficit in 2019 with India, its 9th largest trading partner in goods. India has offered to allow imports of US chicken legs, turkey and produce such as blueberries and cherries, Indian government sources said, and has offered to cut tariffs on chicken legs from 100 percent to 25 percent. US negotiators want that tariff cut to 10 percent.