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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...

Times of India 10d ago

Australian beef will soon be hit by 55% tariff in China, ministry says

Australian beef will soon be hit by 55% tariff in China, ministry says China’s imports of Australian beef are about to surpass a quota introduced by Beijing to protect domestic farmers Australian beef will soon be subject to an additional 55 per cent import duty in China, with shipments of the meat about to surpass an annual quota set by Beijing, China’s Ministry of Commerce confirmed on Tuesday. Imports of Australian beef have already reached 90 per cent of this year’s quota, meaning that a...

South China Morning Post 8d ago

Beijing threatens retaliation over EU moves to curb imports from China

China on Saturday warned the EU against imposing new trade restrictions, as Brussels prepares a broad crackdown on Beijing’s industrial overcapacity amid mounting fears for the future of European manufacturing. “If the EU insists on unilaterally introducing new trade instruments and adopting discriminatory restrictions, China will take resolute countermeasures and effective steps to safeguard its own interests,” the Chinese ministry of commerce said in a statement. “Communication...

Politico EU 11d ago

What does Washington’s latest AI chip guidance mean for Chinese tech firms?

What does Washington’s latest AI chip guidance mean for Chinese tech firms? Beijing has criticised the move, but lawyers say the US document is more a clarification than a brand-new curb China’s Ministry of Commerce has lashed out at Washington’s latest guidance on advanced artificial intelligence chip exports, accusing the United States of abusing export controls and disrupting the global semiconductor supply chain. But trade lawyers and industry insiders said the actual fallout over the...

South China Morning Post 4d ago

China rejects OECD report on industrial subsidies as ‘one-sided’ amid EU trade tensions

China rejects OECD report on industrial subsidies as ‘one-sided’ amid EU trade tensions The dispute comes as industrial policy becomes a major point of contention in global trade, particularly in hi-tech and strategic sectors “The report’s definition of ‘subsidies’ lacks a unified standard and statistical framework, and deviates from consensus under multilateral frameworks such as the World Trade Organization,” the Ministry of Commerce said in a statement on Thursday. “It attributes the rise...

South China Morning Post 6d ago

Thai PM calls for urgent talks with Malaysia after shrimp import ban sparks concerns for farmers’ livelihoods

Thai PM calls for urgent talks with Malaysia after shrimp import ban sparks concerns for farmers’ livelihoods Prime Minister Anutin Charnvirakul has instructed his ministers to seek a bilateral trade solution with Malaysia. KUALA LUMPUR: Thai Prime Minister Anutin Charnvirakul has called for immediate talks with Malaysia following its temporary import ban of five Thai shrimp species as part of tighter controls on Thai fishery products. Anutin issued the directive in a Cabinet meeting on...

Channel News Asia 7d ago

EU and China set for Paris talks this week amid mounting trade war fears

ExclusiveEU and China set for Paris talks this week amid mounting trade war fears Bloc puts ‘carrot-and-stick’ approach to test in high-stakes meeting with Beijing’s international trade envoy on sidelines of OECD summit The sides seek to establish a new platform for discussing trade and investment issues, EU sources said, even as Brussels prepares to take a more hardline stance towards Chinese economic practices. The EU has been keen to streamline dialogue with China from an estimated 60...

South China Morning Post 7d ago

India news: Several killed in fire in New Delhi

India news: Several killed in fire in New Delhi Published June 3, 2026last updated June 3, 2026What you need to know - Fire in a building in New Delhi killed at least 21 people and injured several others - The United States has proposed an additional 12.5% tariff on imports from India - The USTR said New Delhi failed to effectively curb imports made with forced labor - Although Germany's citizenship law allows for dual citizenship, Indians don't stand to benefit Below is a roundup of some of...

Deutsche Welle 7d ago

India news: US proposes extra 12.5% tariff on Indian imports

India news: US proposes extra 12.5% tariff on Indian imports Published June 3, 2026last updated June 3, 2026What you need to know - The United States has proposed an additional 12.5% tariff on imports from India - The USTR said New Delhi failed to effectively curb imports made with forced labor - Although Germany's citizenship law allows for dual citizenship, Indians don't stand to benefit Below is a roundup of some of the top headlines that got India talking on Wednesday, June 3: Tired of...

Deutsche Welle 7d ago

India news: US proposes 12.5% tariff on Indian imports over forced labor concerns

India news: US proposes extra 12.5% tariff on Indian imports Published June 3, 2026last updated June 3, 2026What you need to know - The United States has proposed an additional 12.5% tariff on imports from India - The USTR said New Delhi failed to effectively curb imports made with forced labor - Although Germany's citizenship law allows for dual citizenship, Indians don't stand to benefit Below is a roundup of some of the top headlines that got India talking on Wednesday, June 3: Tired of...

Deutsche Welle 7d ago