The Office of the US Trade Representative
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US targets Brazil with new tariffs over trade practices
US targets Brazil with new tariffs over trade practices The US plans new 25 percent tariffs on brazilian imports, citing issues like deforestation and digital trade practices. The administration of United States President Donald Trump has proposed a new 25 percent tariff on imports from Brazil amid allegations of unfair trading practices. US Trade Representative Jamieson Greer announced the new punitive tariffs late on Monday, stemming from issues including digital trade and illegal...
India-US trade talks to resume on June 1 as both sides push to finalise interim pact
Trade negotiations between India and the United States are set to gain momentum, with senior officials from both countries beginning a four-day meeting in New Delhi on Monday to work out the final details of an interim trade agreement. The US delegation will be led by chief negotiator Brendan Lynch, while India will be represented by Darpan Jain, additional secretary in the department of commerce and the country's chief negotiator for the talks. According to the commerce ministry, the...
No future tariffs, fair rates, end 'forced labour' probe: What India wants from US trade deal
India has outlined key demands in its ongoing trade negotiations with the United States, including preferential tariff treatment and assurances against future tariff hikes, as both countries work towards finalising an interim trade agreement, a trade official said on Monday. A proposed bilateral trade agreement between India and the United States may only be finalised after Washington concludes its Section 301 investigations that alleged unfair trade practices, including concerns related to...
Trump confident India and US will reach trade deal soon: ‘I like your prime minister a lot’
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1st tranche of US trade deal by mid-July: Piyush Goyal
A day after India and the US completed another round of negotiations, commerce & industry minister Piyush Goyal said Friday that the two countries are moving towards finalising the interim trade agreement and are expected to execute the first tranche of the trade deal by mid-July. “I also met with them yesterday, and we are fast moving towards closing all the open ends. Sometime by the middle of next month or so, we should be in a position to execute a very, very vibrant first tranche.
'I like your Prime Minister a lot': Trump praises PM Modi as India-US trade talks continue
United States President Donald Trump Thursday praised Prime Minister Narendra Modi again as both nations eye a month-long trade deal to materialise. “I like your Prime Minister a lot. He is a good friend of mine, and we get along well.
More Trump tariffs? US names India in its Section 301 findings; proposes additional duties
Amid ongoing India-US trade deal talks, the Office of the United States Trade Representative (USTR) has named India among countries that have unfair trade practices. Based on these findings, the USTR has proposed imposing additional tariffs ranging from 10% to 12.5% on imports from affected countries. The USTR released the outcome of 60 investigations conducted under Section 301, identifying India among 54 economies that, according to its assessment, do not have adequate measures in place to...
Trump pardons former US Congress member accused of insider trading
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China, EU slam proposed US tariffs, reject forced labour allegations
The administration of US President Donald Trump has proposed new tariffs of up to 12.5 per cent on imports from China and dozens of other trading partners, using a forced-labour investigation to advance what analysts see as a bid to rebuild its tariff regime after recent court setbacks. The Office of the US Trade Representative (USTR) said on Tuesday that China and 59 other economies failed to prohibit or adequately restrict US imports made with forced labour, subjecting them to punitive...
'He is a good friend of mine': Trump praises PM Modi, says US and India will get to a trade deal
US President Donald Trump on Thursday praised Prime Minister Narendra Modi, saying that Washington and New Delhi will soon reach a trade agreement. While talking to reporters in the Oval Office, Trump said that India had benefited for years from the trade imbalance, but the situation has now changed. “I like your Prime Minister a lot.