Assistant US Trade Representative Brendan Lynch had a positive meeting with his counterpart, Ministry of Commerce and Industry Special Secretary Rajesh Agrawal, on Tuesday to discuss next steps in bilateral trade negotiations, with the two sides deciding to intensify efforts to achieve early
A team of United States officials led by Assistant US Trade Representative for South and Central Asia, Brendan Lynch, had "positive and forward-looking" discussions on Tuesday with the officials from India's Department of Commerce and it was decided to intensify efforts to achieve early c
The report stated that if the 50 per cent tariff remains, retailers may need to renegotiate prices with suppliers, and Indian manufacturers will likely have to absorb a significant portion of the cost increase.
South Korea's top trade envoy said Monday that Seoul is working to strike a deal that protects its national interest as he left for Washington for follow-up talks on a multibillion-dollar investment deal, with the two countries still divided over key details of the July accord, as reported b
Any progress on the India-US trade deal front largely hinges on Washington rolling back the Russian oil-linked additional 25 per cent duty on India, and no breakthrough is likely without it, India-based trade-focused think tank Global Trade Research Initiative (GTRI) has argued as both count
"India is coming to the table. Prime Minister Narendra Modi sent out a very conciliatory, nice, constructive tweet, and President Trump responded to that. We'll see how this works," he said.
The ministry is stepping up efforts and boosting exports to European and Asian countries, with teams set to visit France, the UK, and Singapore in September to scout new markets and strengthen existing ones.
Japanese cars could end up being sold at lower prices than South Korean cars such as Hyundai Motor Co. in the American market when U.S. tariffs on Japanese automobiles drop from 27.5 percent to 15 percent on Tuesday.
In a joint statement released on social media, Graham said he was "very pleased" with Trump's strong call for coordinated economic action. He argued that China was "propping up Putin's war machine" by purchasing discounted Russian oil and gas, and therefore must face punitive tariffs from th
US President Donald Trump has called on NATO allies to impose major sanctions on Russia and stop buying Russian oil to end the war in Ukraine, adding that he proposed to impose tariffs of 50 per cent to 100 per cent on China to weaken its economic grip on Russia.
US President Donald Trump stated in a Fox News interview that US tariffs on Indian goods caused a "rift" with India and admitted that the Russia-Ukraine conflict, which he had expected to be the easiest to resolve, remains unresolved.