India to Lower Duties on Printer Ink Cartridges And ICT Products from US

India has offered to lower duties on Printer Ink Cartridges & some ICT products from the US. In turn, New Delhi is seeking the removal of steel duties and greater access for its farm products, engineering goods, auto and auto parts, according to reports. The trade talks between India and the US at the official level seem to be moving towards a solution with both the countries narrowing down their differences and showing willingness to offer concessions for a greater market access.

The US is also demanding greater access through cuts in import duties for its agriculture goods, dairy products, medical devices, the official said. Earlier, US President Donald Trump alleged that India was a high-tariff country and threatened reciprocal levies.