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India rejects US Section 301 probe, seeks end to investigations (Soban News)

India has strongly rejected allegations by the US Trade Representative in its investigations on excess structural capacity and production involving several countries, including India, asserting that the initiation notice has failed to provide “cogent rationale” to substantiate the claims.
India requests that the USTR issue a negative determination with respect to India and terminate the investigation against it, according to a submission from New Delhi to the USTR.
On March 11, the US announced initiation of investigations against its trading partners, including India, China, Japan and the EU, to look into and address “unfair foreign practices” that adversely impact American manufacturing.
United States Trade Representative (USTR) Jamieson Greer announced the initiation of a probe regarding the “acts, policies, and practices” of various economies under Section 301(b) of the Trade Act of 1974, relating to structural excess capacity and production in manufacturing sectors.
The econom​India has strongly rejected allegations by the US Trade Representative in its investigations on excess structural capacity and production involving several countries, including India, asserting that the initiation notice has failed to provide “cogent rationale” to substantiate the claims.
India requests that the USTR issue a negative determination with respect to India and terminate the investigation against it, according to a submission from New Delhi to the USTR.
On March 11, the US announced initiation of investigations against its trading partners, including India, China, Japan and the EU, to look into and address “unfair foreign practices” that adversely impact American manufacturing.
United States Trade Representative (USTR) Jamieson Greer announced the initiation of a probe regarding the “acts, policies, and practices” of various economies under Section 301(b) of the Trade Act of 1974, relating to structural excess capacity and production in manufacturing sectors.
The econom ​Latest News [ SOBAN NEWS: International and National ]

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