GE, Siemens may have much to gain if Trump, Modi can reach long term deal — Panjiva
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GE, Siemens may have much to gain if Trump, Modi can reach long term deal

Ags - Softs 148 Cons. Discr. - Autos 1255 Consumer Staples 818 Energy - Conventional 478 Energy - Crude Oil 319 India 563 Industrials - Capital Goods 625 Programmatic 34 Tariffs 1878 Trade Deals 1020 U.S. 5418

President Donald Trump will hold a state visit to India from Feb. 24, potentially including the signing of a trade deal with Prime Minister Modi. From the U.S. side, the $24.1 billion trade deficit in 2019 with India needs to be reduced. The U.S. may be willing to offer renewed access to reduced tariffs under the Generalized System of Preferences in return for Indian imports of U.S. military and other products. President Trump has indicated a full trade deal – including widespread tariff reductions – is unlikely before the elections, making a purely transactional arrangeme...

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