Page 3 - Us Trade

Decoded: Why Donald Trump wants to retake control of Panama Canal

Donald Trump's said that the US 'foolishly' ceded the canal to Panama, blaming the 'ridiculous' fee charged to American ships to pass through the channel

Reduce transit fees or return it: Trump threatens to reclaim Panama canal

The US is the canal's biggest customer, responsible for about three quarters of the cargo transiting through each year

Donald Trump nominates Jamieson Greer as his US Trade Representative

US President-elect Donald Trump has picked Jamieson Greer to serve as the United States Trade Representative (USTR) and appointed Kevin A Hassett as the director of the White House National Economic Council. "Jamieson played a key role during my First Term in imposing Tariffs on China and others to combat unfair Trade practices, and replacing the failed NAFTA deal with USMCA, therefore making it much better for American Workers," Trump said. "His efforts under the former USTR, Bob Lighthizer, a spectacular leader and person, helped spur the return of Manufacturing jobs to America, and reverse decades of disastrous Trade policies. "Jamieson will focus the Office of the US Trade Representative on reining in the Country's massive Trade Deficit, defending American Manufacturing, Agriculture, and Services, and opening up Export Markets everywhere," the president-elect said. Greer is currently a partner at the Law Firm of King & Spalding and served as the Chief of Staff at USTR before ..

Why foreign financial firms have quit

A surge in prosperity between 2005 and 2008 was purely due to a massive global boom across all geographies

US names Brendan Lynch as assistant USTR for South and Central Asia

For the past 11 years, Lynch has been a member of the USTR team, serving in several capacities related to the South and Central Asia region

India cuts import duty to 5-10% on some fresh, processed food items

The tariff cut is unlikely to hurt the domestic market since this is an exclusive market that caters to a limited segment that wants to buy international products

Six Indian markets offer counterfeit products, shows US report

For instance, Heera Panna market reportedly offers counterfeit watches, footwear, accessories, and cosmetics that may have health and safety risks

'Crossed $200 bn in trade': USISPF President points to strong India-US ties

Mukesh Aghi, President and CEO of USISPF emphasized collaborative efforts in areas such as engines, quantum computing, artificial intelligence (AI), cybersecurity, and space partnerships

India to press for social security pact at Trade Policy Forum meet with US

New Delhi will raise issues of visa delay, exports of pharma goods and marine products

India to seek greater market access for mangoes in TPF meet with US on Fri

India will raise a number of issues with the US such as inking social security pact, and greater market access for mangoes in America during the Trade Policy Forum (TPF) meet here on Friday, an official said. The official said India will also raise issues pertaining to delay in visa; increasing exports of table grapes, pharma goods, and marine products like wild caught fish and shrimp; reinstating the Generalized System of Preferences (GSP) status to India; and export control regulations for high-tech products and technologies. The 14th TPF meet will be co-chaired by US Trade Representative Katherine Tai and Commerce and Industry Minister Piyush Goyal here. Social security, or totalisation agreement, is a long-pending demand of the country, as it will provide social security to Indian professionals in America. This would eliminate dual social security deduction, both in the home country and in the nation where an employee works. Under this, an expatriate in either country need not

RoDTEP does not violate WTO principles, India to convince US: Official

The RoDTEP scheme came into effect three years ago to refund the embedded non-creditable central, state, and local levies paid on inputs to exporters

US trade deficit widened less than expected in July, export value up 1.6%

The shortfall in goods and services trade grew to $65 billion from a revised $63.7 billion in the prior month, Commerce Department data showed Wednesday

Jaishankar discusses supply chain resiliency with US trade representative

Jaishankar was also a part of Prime Minister Narendra Modi's delegation at the 15th BRCIS Summit in Johannesburg, South Africa

US suggests EU consider using export controls to target China: Report

The conversations came up as European Union and US officials are negotiating the agenda for their next high-level trade forum in early December.

G20 meet: Ways to strengthen WTO dispute settlement mechanism discussed

The meeting with the USTR is crucial since the conclusion of the 12th WTO ministerial in June, the outcome document had promised to revive the dispute settlement body in the next two years

India-US Trade Policy Forum meeting expected soon, says Piyush Goyal

Asserts Indian exports not impacted by GSP, says India looking to have very contemporary and modern digital laws, while maintaining high levels of data privacy

IP protection: India among most challenging economies, says USTR

India remains one of the most challenging major economies with respect to protection and enforcement of intellectual property, the office of the US Trade Representative said

EAM Jaishankar to meet US Trade Representative Katherine Tai on Tuesday

India's External Affairs Minister S Jaishankar will meet United States Trade Representative (USTR) Katherine Tai on Tuesday

US expands export restrictions for Russia, Belarus: Commerce Dept

The United States expanded export controls on Russia's and Belarus' access to everything on the US commerce control list

US accuses China of failing to meet its free-trade commitments

The United States has accused China of failing to meet its commitments to the World Trade Organisation and says it is exploring new ways to combat aggressive Chinese trade practices.