India-US trade deal only if we get competitive edge: Piyush Goyal

NEW DELHI: India's trade minister ​Piyush Goyal said on Monday that ‌the ⁠trade ⁠deal with ​the United States is taking ​a little longer to sign ​due ⁠to the ‌50% ​tariff ​that was ⁠imposed on goods from the ​country. India aims to ​gain preferential access through the trade pact ‌with the U.S., Goyal said ​while ​speaking ⁠at a media conclave in New Delhi. Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times India's ​trade minister Piyush ​Goyal said on ‌Monday that the trade deal with the United States is taking a little longer to sign ‌due to the 50 per cent tariff that was imposed on goods from the country. India aims to ​gain preferential access through the ‌trade pact with ​the ‌U.S., Goyal said while speaking ‌at a media conclave ‌in New ​Delhi. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the India is pushing for lower tariffs and better market access as part of its proposed trade agreement with the United States, Commerce and Industry Minister Piyush Goyal said on Monday, while expressing hope that the first phase of the pact could be signed before July 24. Speaking at a media conclave in New Delhi, Goyal said negotiations with the US are taking longer than expected because of tariff-related issues, but both sides remain engaged in discussions. "I will be the The top US trade diplomat will visit India on Tuesday for two days of talks, with New Delhi pushing for a trade pact on terms better than those offered to other Asian economies as both countries seek to close a deal crucial to mending strained ties. US Trade Representative Jamieson Greer's trip follows the first meeting in more than a year between Prime Minister Narendra Modi and US President Donald Trump on June 17 on the sidelines of the G7