Business Today

WHY INDIA NEEDS TO WORRY

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HIGHER TARIFFS ON CHINESE STEEL and aluminium mean excess supply in global market, price crash, dumping of steel in growing markets such as India.

RETALIATOR­Y ACTION BY MAJOR TRADE PARTNERS of the US by increasing tariffs and entry barriers will create problems for Indian exporters, unless special exemptions are granted

INDIA WILL BE COMPELLED TO SPEED UP bilateral trade pacts, may have to dilute stand on several issues, including intellectu­al property, agricultur­e, e-commerce, to get favourable results in other areas

COMPULSION TO REDUCE TRADE DEFICIT means allowing more US imports, irrespecti­ve of the impact on local industries

STRICTER VISA RULES TO POSE a challenge to Indian IT outsourcin­g companies

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