India Awaits Clarity for US Trade Talks, Eyes China Investment Shift: Goyal

• Commerce Minister Piyush Goyal states India will resume US trade talks once there is "greater clarity" on the evolving situation.
• A delegation visit to Washington DC was deferred after the US Supreme Court struck down Trump-era tariffs.
• Goyal indicates India is open to relooking at its investment stance towards China to boost domestic manufacturing.
• Consultations are underway with industry on easing investment norms for Chinese companies, signaling a potential policy shift.
• Press Note 3, mandating prior government approval for investments from bordering countries, was introduced to prevent "opportunistic takeovers" during the pandemic.