A worker unloads a container using a forklift at a port in Lisbon March 12, 2013. Portugal's global trade deficit shrunk by 31 percent in the three months between November and January from the same period a year earlier, as exports of goods edged up 1 percent while imports fell over 6 percent due to a drop in internal demand, the National Statistics Institute said on Tuesday.   REUTERS/Rafael Marchante (PORTUGAL - Tags: BUSINESS)
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CNBC TV1824-12-2025, 23:00

India Simplifies Import Checks to Boost US Trade Deal Hopes

  • India announced reforms to streamline import quality checks, addressing US concerns about "burdensome" requirements.
  • The move aims to facilitate a trade agreement with the US, potentially lifting a 50% tariff imposed by President Donald Trump.
  • Reforms include reduced paperwork, shorter timelines, and fewer inspections for quality approvals.
  • The goal is to accelerate processes, reduce turnaround times, and leverage technology for faster, more transparent quality assurance.
  • Jaxay Shah, Chairman of the Quality Council of India, highlighted the reforms' focus on efficiency and accessibility.

Why It Matters: India simplifies import checks, hoping to secure a US trade deal and ease tariffs.

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