<span style="color: #222222;">India and the US have held detailed deliberations on ways to resolve trade related issues and boost economic ties. In a tweet, Department of Commerce said, India-US Commercial Dialogue Intersessional meeting was held in New Delhi yesterday.</span><br />'' <br />''<span style="color: #222222;">Indian delegation was led by Commerce Secretary Anup Wadhawan and US side by Gilbert Kaplan, Under Secretary, USDOC. <br />''</span><br />'' <span style="color: #222222;">The meeting assumes significance as India has announced hike in customs duties on as many as 29 products, including pulses, iron and steel products, imported from the US as a retaliatory action against the tariff hikes by Washington. </span><br />'' <br />'' <span style="color: #222222;">US Trade Representative for South and Central Asian Affairs Mark Linscott and his Deputy Jeffrey D Gerrish are likely to visit India next week to continue the talks.<br />''</span><br />'' <span style="color: #222222;">India is pressing for exemption from high duty imposed by the US on certain steel and aluminium products and resumption of export benefits to certain domestic items under their Generalised System of Preferences (GSP). </span><br />'' <br />'' <span style="color: #222222;">As many as 3,500 Indian products from sectors such as chemicals and engineering get duty-free access to the US market under the GSP, introduced in 1976.<br />''</span><br />'' <span style="color: #222222;">India's exports to the US in 2017-18 stood at 47.9 billion dollars, while imports were 26.7 billion dollars. The trade balance is in favour of India.</span><br />''<br />''  <br />