India has challenged the US's proposed tariffs linked to forced labor, arguing the US approach is inconsistent and that such issues should be resolved via bilateral trade negotiations. India's representative questioned exemptions and the basis for tariffs, stating they would increase costs for all parties involved.
The United States has refused to renew the USMCA trade agreement in its current form, leading to its non-renewal. The pact remains in effect until 2036, with annual reviews underway that could extend it. A renewal would have reset the expiration date to 2042, reducing business uncertainty.
The United States has refused to renew the USMCA trade agreement in its current form, meaning the pact remains in force until its potential expiration in 2036. A renewal would have extended it to 2042, avoiding a decade of uncertainty for businesses involved in the $1.8 trillion market.
US and India are in final trade negotiations ahead of a July 24 deadline to set tariff rates and address market access for US agricultural products. The visit by US official Greer is expected to finalize a deal after a year of strained relations.
The US has launched a Section 301 investigation into Germany concerning alleged underpayment for innovative pharmaceuticals, potentially impacting US commerce. Germany's proposed healthcare reforms and fast-tracking of legislation to reduce drug spending are key concerns.
US President Donald Trump stated that a trade agreement with India is "very close to the deal." USTR chief Jamieson Greer will visit India next week for final talks with Commerce Minister Piyush Goyal. Most issues are reportedly settled, with an interim agreement expected before July 24.
US Trade Representative Jamieson Greer will visit India on June 23-24 to finalize an interim trade deal, aiming to conclude ongoing negotiations between the two nations.
Rahul Gandhi criticized PM Narendra Modi, calling him an 'obedient servant' to foreign forces after the killing of Indian sailors and "threatening language" from US Secretary of State Marco Rubio. Gandhi questioned Modi's silence and urged India to postpone a US trade visit.
The US and China are testing their post-summit detente through proposed trade and investment boards. Key issues like tariffs, drone security (DJI), and rare earths could challenge this stability if clarity is lacking.
The US Trade Representative proposed a 12.5% tariff on exports from 54 countries, including India and China, citing failure to prohibit goods made with forced labor. India is engaged in discussions with the US regarding this and a framework agreement.
The Trump administration has proposed tariffs of up to 12.5% on imports from China and 59 other economies, citing their failure to ban goods made with forced labor. Trading partners, including China and the EU, have criticized the move as political manipulation and absurd.
The US has imposed a 12.5% trade tariff on Australia and 53 other countries for allegedly failing to prevent imports of goods made with slave labor. Australia disputes the findings, citing its robust modern slavery legislation, and is seeking clarification from US officials.
The US has proposed 12.5% tariffs on imports from India and 54 other economies, citing concerns over forced labor and excess industrial capacity under Section 301 investigations. India is engaging with the US on the matter.
The US Trade Representative (USTR) proposed additional tariffs of 10-12.5% on imports from India and 53 other economies for failing to effectively prohibit goods linked to forced labor. This complicates ongoing trade talks between the US and India.
The US Trade Representative (USTR) has identified India among 54 economies with inadequate measures against goods produced using forced labor, proposing tariffs of 10-12.5%. This occurs during ongoing trade talks in New Delhi.
The US Trade Representative announces a public comment process to identify $30 billion in Chinese goods for potential tariff reductions under a new bilateral trade mechanism.
US Trade Representative Greig has stated that the US stance on imposing tariffs on imported semiconductors remains unchanged following the recent Trump-Xi summit. The government is developing measures to exempt chip manufacturers with factories in the US, focusing on incentivizing domestic production.
US Trade Representative Jamieson Greer anticipates China will annually purchase billions in US agricultural products over the next three years. However, Chinese analysts suggest new purchases beyond soybeans will be incremental, as Beijing prioritizes domestic needs and supply goals.
US Trade Representative Jamieson Greer called for stability with Beijing days before US President Donald Trump’s closely watched trip to China, saying the US was not out to reshape the Chinese economy but to rebalance trade. The trade chief told Fox News on Friday that while the world’s two largest economies “always had a really robust trading relationship … it’s been wildly unbalanced with China exporting just vast amounts of goods to the United States and largely blocking a lot of US imports...
EU Trade Commissioner Maroš Šefčovič met US Trade Representative Jamieson Greer ahead of what is expected to be a tense round of negotiations between EU countries and MEPs over the implementation of the EU-US trade deal, as Washington pushes the EU to rapidly eliminate tariffs on US goods.
India remains on the US Trade Representative's priority watch list for intellectual property concerns, citing inconsistent progress and long-standing issues with its Patents Act. The report highlights worries over data protection for pharma and agri-chemical products, alongside high customs duties on IP-intensive goods. Weak enforcement of copyrights and trademarks also remain key issues.
Chinese Vice-Premier He Lifeng held a video meeting Thursday with US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer. The sides engaged in candid, in-depth discussions on economic and trade issues, with China expressing serious concern over recent US restrictions. Both agreed to continue building consensus, managing differences, and strengthening cooperation for healthy China-US economic relations.
Chinese Vice-Premier He Lifeng held a video meeting on Thursday with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer, according to Chinese state broadcaster CCTV. During the call, the Chinese and US sides “engaged in candid, in-depth, and constructive discussions” on “further properly addressing economic and trade issues of mutual concern and expanding practical cooperation”, a brief report stated. China expressed “serious concern” on the call over the “economic...
The two countries have been negotiating a comprehensive trade agreement since February 2025, which envisages doubling bilateral trade to $500 billion by 2030
