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Trump administration proposes 25% tariff on Brazilian goods over unfair trade practices

The Office of the United States Trade Representative has proposed 25% tariffs on Brazilian goods under Section 301, determining that the South American nation had engaged in practices that "are unreasonable and burden or restrict U.S. commerce." Some of these practices also include anti-corruption enforcement, intellectual property protection, ethanol market access, and illegal deforestation, according to the release from the U.S. Trade Representative. U.S Trade Representative Jamieson Greer...

CNBC 8d ago

Trump Again Refers to Canada as the ’51st State’ Hours Before Trade Talks

Dominic LeBlanc, Canada’s minister in charge of trade, is scheduled to meet with Jamieson Greer, the United States Trade Representative, in Washington on Tuesday.

NYT World 7d ago

US proposes action against 60 countries over forced labour concerns: Why India is on the list

India and the United States may be 99% closer to signing the BTA, but a new proposal from Washington suggests that the trade story isn't quite finished yet. The United States Trade Representative (USTR) on Wednesday named India among countries that could face additional tariffs over concerns about preventing goods linked to forced labour from entering global supply chains. The proposal follows one of 60 investigations conducted under Section 301 of the US Trade Act of 1974.

Times of India 7d ago

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...

Times of India 7d ago

India engaged with US over Section 301 probe linked to forced labour concerns

The Centre on Wednesday said it is in touch with the United States regarding a Section 301 investigation linked to concerns over forced labour and excess industrial capacity. Earlier, the Office of the United States trade representative (USTR) named India among countries it believes follow unfair trade practices. Based on its findings, the USTR has proposed additional tariffs of 10% to 12.5% on imports from the countries concerned.

Times of India 7d ago

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...

Times of India 1d ago

Canada calls for US and Mexico free trade deal to be renewed for 16 years

“The Agreement is highly beneficial to each of our countries and to the integrated North American economy," a letter conveying Canada’s recommendation, sent to the US and Mexico trade representatives, said. Canada is calling on the United States and Mexico to renew the free trade agreement among their three countries for another 16 years even as US President Donald Trump is reviving talk of making Canada the 51st state. According to a letter conveying Canada’s recommendation and sent Tuesday...

Euronews 7d ago

Singapore assessing impact as US proposes 12.5% tariffs over forced labour probe

Singapore assessing impact as US proposes 12.5% tariffs over forced labour probe The proposed tariff would cover about one-third of Singapore’s domestic exports to the US, says the Ministry of Trade and Industry. SINGAPORE: Singapore's Ministry of Trade and Industry (MTI) said on Thursday (Jun 4) that it is assessing the potential impact of Washington's proposed new tariffs on dozens of trading partners, while continuing to engage the Office of the United States Trade Representative (USTR)...

Channel News Asia 6d ago

'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.

Times of India 5d ago

Trump’s latest tariff plan could send costs soaring for American families

Trump’s latest tariff plan could send costs soaring for American families Existing deals with the European Union and Japan cap U.S. tariffs on most imports from these regions at 15% - Bookmark - CommentsGo to comments The United States will honor tariff caps established in trade agreements with the European Union, Japan, and other nations, according to U.S. Trade Representative Jamieson Greer. He stated on Thursday that planned U.S. tariffs addressing forced labor provide the legal basis to...

The Independent World 6d ago