India may reconsider Scotch whisky tariff cuts if UK imposes steel curbs

Key points

• India could reconsider tariff concessions offered to Britain on products such as Scotch whisky if London fails to address New Delhi's concerns over forthcoming steel measures, an Indian official said on Monday ahead of fresh bilateral trade talks.
• The India-UK free trade deal, signed in May last year and expected to take effect this year, has run into hurdles after Britain proposed reducing quotas and increasing tariffs on steel imports to protect its domestic industry.
• "So now the ball is in their (UK) court," an Indian trade official told reporters on Monday.
• "If they do not leverage their free trade agreement, we can always reconsider the concessions we offered." Britain's Trade Secretary Peter Kyle is due in India for talks with Commerce Minister Piyush Goyal on Tuesday and, in a statement, Kyle said the free trade agreement was a win-win and would "unlock massive opportunities." "I look...