India to hold off on US trade deal amid new probe, sources say

India delays US trade deal amid new probe into industrial capacity by US administration.

Source: Reuters (via feed)




India will delay signing a trade deal with the United States for several months, four Indian sources said. The delay follows new investigations by the Trump administration into what it describes as excess industrial capacity among trading partners. These investigations have created new friction after an early understanding reached last month.

BizTrendWire Insight:

The delay in the trade deal relates directly to new investigations by the US administration into industrial capacity issues.


Read full story on Reuters

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