US President Trump doubts a trade deal with Japan, threatening to impose higher tariffs as the current pause ends. Despite false claims about Japan's rice and car imports, trade talks continue but remain stuck over car tariffs, with no progress after recent meetings.
US President Donald Trump on Tuesday (local time) reaffirmed that India-US will soon strike a trade deal with "much less tariffs", allowing both countries to compete.
India is expected to remain the fastest growing economy among all the countries covered by global investment firm Morgan Stanley, according to the latest report from its Global Investment Committee (GIC).
The Indian delegation, led by Chief Negotiator Rajesh Agrawal, has extended its stay in Washington, as reported by ANI earlier. The two negotiations were scheduled on Thursday and Friday, but have been extended as both nations work urgently to finalise an interim trade agreement before a cru
At the end of the trading session, Nifty was down 124.00 points or 0.48 per cent at 25,513.80 and the BSE's Sensex was down by 458.47 points or 0.55 per cent, reaching 83,600.43
Taiwan will impose anti-dumping duties on Chinese beer and steel for four months, citing harm to local industries. Officials say Chinese imports are underpriced and damaging domestic production. Lawmakers warn of severe impact on local brewers, with strong public support for the new tariffs.
"China will approve the export application of controlled items that meet the conditions in accordance with the law. The United States will cancel a series of restrictive measures taken against China accordingly," China's Ministry of Commerce said in a statement.
The Indian delegation is being led by Chief Negotiator Rajesh Aggarwal, who is holding talks with officials from the Office of the United States Trade Representative (USTR)
India and the United States are in the final stretch of critical trade negotiations, with just days remaining before July 8 deadline that could shape the future of bilateral economic ties, according to Global Trade and Research Initiative (GTRI).
In a historic move, Maharashtra Chief Minister Devendra Fadnavis announced a significant reduction in electricity tariffs across the state, marking a first in Maharashtra's history.