Indian Prime Minister Narendra Modi faces domestic backlash over a potential trade deal with the US, which farmers fear will open markets to cheaper American imports. The protests highlight political risks for Modi as his government deepens ties with Washington amid pressure from Trump on trade and Russian oil.
South Korea's Industry Minister Kim Jung-kwan announced that the first investment project under the bilateral trade deal with the US, focusing on the energy sector, is expected to be unveiled by late September. This marks the initial step in Seoul's $350 billion commitment to US investment.
The EU is preparing for new US tariffs on forced labor, expected soon, as long as they don't exceed the 15% cap set by the 2025 Turnberry agreement. Despite disagreeing with US findings, the EU prioritizes agreement stability.
One year after the Turnberry trade deal, EU-US trade increased despite tariffs. The EU is meeting investment pledges, while both sides negotiate exemptions. The US is preparing new tariffs on forced labor and overcapacity, potentially continuing trade tensions.
Economist Surjit Bhalla states a comprehensive India-US trade deal is vital for India's economic growth, competitiveness, and development, extending beyond trade balances to markets and technology. He warns delays benefit China and urges PM Modi to prioritize it, noting other trade deals are insufficient.
Health groups and doctors urge Andy Burnham to scrap the UK-US trade deal on medicines, warning it prioritizes pharmaceutical profits over NHS patients and could lead to hundreds of thousands of avoidable deaths due to increased drug costs.
Analysis suggests a UK-US trade deal agreed last December will force the NHS to divert £45bn from essential services to pay for new medicines by 2036, potentially causing over 200,000 avoidable deaths. Ministers defend the deal, while health experts and campaign groups express alarm over its impact on patient care.
India and the US have made progress on a bilateral trade agreement but face hurdles over market access, tariffs, and agricultural market access, with neither side willing to concede first.
India's trade minister, Piyush Goyal, stated that a trade agreement with the US is delayed due to a 50% tariff on Indian goods. New Delhi seeks preferential market access and a comparative advantage for its exporters in the upcoming talks.
India's trade minister, Piyush Goyal, stated that the trade deal with the US is delayed due to a 50% tariff on Indian goods. New Delhi seeks preferential market access through the pact.
India cannot implement the proposed trade agreement with the US until it secures a competitive advantage over competing nations, stated Commerce Minister Piyush Goyal. He indicated that tariff-related issues remain the final hurdle in negotiations, despite the framework agreement being finalized.
India and the US have finalized the framework of a trade agreement, but its implementation is stalled by New Delhi's need to secure a competitive tariff advantage over rival nations, according to Union Minister Piyush Goyal. The key hurdle is ensuring Indian exports face lower duties than those from competing countries.
The European Parliament approved legislation to implement the EU's trade deal with the US, removing tariffs on US industrial goods and agricultural products. The vote, 440 in favor, marks a final hurdle after repeated frustrations from the Trump administration.
German MEP Bernd Lange warns the Airbus-Boeing subsidy dispute could derail the EU-US trade agreement if tensions escalate. The five-year truce expires July 11, with no extension yet agreed, potentially leading to new tariffs.
The US has proposed additional tariffs of 12.5% on India under its Section 301 probe, citing concerns over forced labor and excess industrial capacity. This move complicates ongoing trade deal talks between the two nations, with experts suggesting India challenge the findings legally and at the negotiating table.
The US has proposed additional tariffs of 12.5% on India as part of its Section 301 probe into forced labor practices. Experts warn this could significantly impact Indian exports and complicate ongoing trade deal negotiations.
The US has proposed additional tariffs on India as part of its Section 301 probe, potentially impacting Indian exports. Experts suggest India should actively challenge the findings and leverage ongoing trade deal negotiations.
The US and India are close to finalizing a trade deal, with 99% reportedly settled. US Ambassador Sergio Gor met with Indian Commerce Minister Piyush Goyal to resolve remaining issues, aiming for mutually beneficial outcomes and exploring collaboration in AI and semiconductors.
The European Parliament's International Trade Committee approved an EU-US trade deal, with a final vote set for June 16. The deal includes safeguards against potential US tariff hikes, with a sunset clause extended to December 31, 2029, and a provision allowing the EU to suspend the agreement if US tariffs on steel and aluminum remain past 2026.
EU ambassadors agree to eliminate EU duties on most US industrial goods under EU-US trade agreement
European Parliament and EU member states reached an agreement to implement the EU-US trade deal, aiming to meet President Trump's July 4 deadline and avoid new tariffs.
Rahul Gandhi accuses PM Modi of negotiating a one-sided India-US trade deal to benefit Adani, alleging it aids in closing a US fraud case against Gautam Adani.
Bangladesh plans to review a trade deal with the US signed by its interim government, citing concerns over provisions that could harm national interests and limit sovereign rights.
EU lawmakers have reached a provisional deal on the EU-US trade agreement, including a safeguard mechanism to reimpose tariffs on US goods if market disruption occurs and a 'sunset clause' for renewal. Talks remain stalled over the 'sunrise clause' and compliance with the 15% tariff cap.
