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4 March 2021 By Gina Chon Follow @GinaChon

President Joe Biden’s aides reviewing India’s loss of preferential trade may face similar spats on technology and medical devices as their predecessors. Patience is waning though. Small gives by Prime Minister Narendra Modi could boost confidence and help to avoid more tariffs.

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The U.S. Senate Finance Committee on March 3 unanimously backed Katherine Tai to be the country’s next trade representative. She told senators at her confirmation hearing on Feb. 25 that India’s trade status is high on her radar.

India’s designation as a beneficiary developing country under the Generalized System of Preferences program was revoked in 2019 under the Donald Trump administration. India failed to provide assurance of equitable access to its markets, according to the U.S. Trade Representative.

Under the program, certain products can enter the United States duty-free if a country meets certain requirements.

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