US Commerce Secretary Howard Lutnick said India will eventually seek a trade deal with Washington despite continuing oil trade with Russia, warning that failure to support the US could lead to 50 per cent tariffs on Indian exports.
US Commerce Secretary Howard Lutnick said the new $550 billion trade deal with Japan will boost America's energy, chip, mining, and shipbuilding sectors, calling it a "game changer" under the America First trade agenda, with President Trump overseeing the investments.
South Korea's top chipmakers may escape the brunt of US President Donald Trump's proposed 100 per cent tariffs on imported semiconductors, after US Commerce Secretary Howard Lutnick clarified that companies investing in US manufacturing plants would be exempt.
A trade deal between India and the United States could be finalised soon, with both countries finding common ground that suits their interests, US Secretary of Commerce Howard Lutnick said, expressing "strong optimism" about the direction of ongoing talks while speaking at the US-India St
A trade deal between India and the United States could be finalised soon, with both countries finding common ground that suits their interests, US Secretary of Commerce Howard Lutnick said, expressing "strong optimism" about the direction of ongoing talks while speaking at the US-India St
Union Commerce and Industry Minister Piyush Goyal held productive discussions on Tuesday with US Commerce Secretary Howard Lutnick, focusing on expediting the first tranche of the India-US Bilateral Trade Agreement.
Commerce Secretary Sunil Barthwal on Tuesday said that the reciprocal tariffs are both a challenge and an opportunity for India, as the government is already negotiating a bilateral trade deal with the US.
US Commerce Secretary Howard Lutnick on Friday expressed optimism about India-US trade ties, emphasizing the need for India's agricultural trade to open up amid US President Donald Trump's plans to impose reciprocal tariffs on US trading partners, including India.
Howard Lutnick, the nominee for US Commerce Secretary, has accused DeepSeek, a newly launched artificial intelligence model from China, of stealing US technology and getting around US export controls to obtain Nvidia chips, the Asia Times reported.
The US Commerce Department on Monday will propose a ban on the sale or import of smart vehicles that use specific Chinese or Russian technology due to national security concerns.
The Union Cabinet chaired by Prime Minister Narendra Modi approved the draft Memorandum of Understanding (MoU) between the US and India to enhance innovation ecosystems through an innovation handshake.