Page 21 - Tariffs

India-US trade talks to restart Friday; compromise on tariffs likely

Trump and Modi met in Osaka on the sidelines of a G20 summit in June where they agreed to build ties between the two countries and sort out thorny trade issues

EU moves WTO against duties imposed by India on imports of tech products

It said India is imposing tariffs on nine categories of ITC items in excess of WTO-bound rates

Trump hails cut on motorcycle tariffs by India, but rues high duty on wines

The US, Trump alleged, had been taken advantage of by many countries all over the world

WTO to set up panels to review Trump's US steel and aluminium tariffs

The World Trade Organization agreed Wednesday to hear complaints from a range of countries over new US steel and aluminium tariffs, as well as complaints from Washington over retaliatory duties. The WTO's Dispute Settlement Body (DSB) agreed to establish panels to review US President Donald Trump's decision to hit a long line of countries with tariffs of 25 per cent on steel and 10 per cent on aluminium. The DSB will create separate panels for the complaints by the European Union, China, Canada, Mexico, Norway and Russia, after the US said it would not agree to a single panel to hear all of them. A seventh request from Turkey for a panel will be discussed during a meeting later Wednesday. The DSB agreed Wednesday to Washington's request for three panels to rule on the legality of retaliatory tariffs imposed by Canada, China and the European Union. It also agreed to a US call for a panel to be created to review "certain Chinese measures pertaining to the protection of intellectual

In an ironic move, Centre postpones tariffs on 29 US goods for third time

The process is still expected to be dragged on