After Trump, EU seeks zero tariff from India on car imports: Report

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After Trump, EU seeks zero tariff from India on car imports: Report - Business Standard

Quick Summary:

India's commerce ministry conveyed the EU's demands and India's stance to officials from the heavy industries ministry and auto industry representatives in a meeting last week, the three sources said.

India and the EU have been in trade talks for several years and in February agreed to conclude the deal by the end of the year as they look to soften the impact of tariffs.

The European Commission declined to comment on specifics but shared a readout of its last round of talks with India in March."For many of the key areas, the EU and India have different approaches, objectives ...