Trade War with India?

The Alliance for Fair Trade with India (AFTI), along with the US Chamber of Commerce Global Intellectual Property Center (GIPC) and the National Association of Manufacturers (NAM) have begun a coalition in order to collectively speak out against what they say are unfair trade practices in India. India and the United States have a multi-billion dollar trade alliance with each other, so having any sort of scuffle between the two countries, especially over fair trade practices, is more than just a little bit delicate.
Over a dozen heads of American industry associations actually wrote a letter to President Obama, requesting that he rethink some of his more recent decisions concerning trade regulations with India, since they claim that these practices actually reduce the potential for job growth in America. At the heart of this trade disagreement seems to be the question of India’s own regulation of copyrighting and intellectual property; similar accusations have been made in the past, among many other trade problems, concerning China. With India, however, intellectual property accounts for what seems to be the bulk American industry’s issue with them. Leaders in American industry argue that they just want to level the playing field before a trade war with India ensues.

Recommended
for you

Though many people feel intimidated by the idea of writing out a business plan, this is an essential…
Trucking companies in the present moment have a shortage of workers around 30,000. New rules from th…
One of the most exciting new technological inventions has been the 3D Printer, bringing to life 3D o…
The textile field is often one of the first to invent and benefit from new technology. The most rece…
Want to give your business a boost? Then it's time to start promoting and improve your professional…
It's possible to promote your small business without spending a fortune. The trick to good marketing…