US likely to seek tariff cuts, regulatory reforms in trade deal with India: GTRI

NEW DELHI: (May 4) The US is expected to push for sweeping changes in India’s policies, ranging from tariff reductions to regulatory overhauls, that could benefit American firms and exporters, under the proposed bilateral trade agreement with India, think tank GTRI said on Sunday.

In the agri sector, the Global Trade Research Initiative (GTRI) said the US demands include scaling back India’s minimum price support (MSP) programs for crops like rice and wheat, removing restrictions on genetically modified (GM) imports, and lowering farm tariffs.

Similarly, on dairy, the US argues that India’s GM-free feed certification and facility registration protocols effectively bar American dairy imports.