Page 4 - Us Trade

Amid Covid challenges, 'historic milestones' set in India-US ties: Sandhu

India and the US have achieved some "historic milestones" in their ties, despite the challenges posed by Covid-19, New Delhi's top envoy here has said.

Buoyed by recent surge, some strategists see Bitcoin at $100k by 2021-end

This week's move to near $67,000 has traders watching to see how the landscape shifts, now that the first US Bitcoin futures exchange-traded funds are in play

Pak-American legal expert Lina Khan becomes US Federal Trade Commissioner

Lina Khan becomes the youngest person ever to head the top independent agency tasked with the enforcement of civil antitrust law and promotion of consumer protection.

Coffee chain Starbucks applies for naming rights with US trademark office

In a June 2 application, the coffee chain sought approval to use its name in "providing stadium and training facilities for sports and entertainment activities"

US trade deficit dips to $68.9 billion amid improving global economy

The improving economic situation overseas drove up demand for American goods while domestic demand for imports slowed.

US sets and suspends tariffs on six countries over digital taxes

The US Trade Representative's office said it had approved the threatened tariffs on goods from Britain, Italy, Spain, Turkey, India and Austria

Jaishankar welcomes USTR Katherine Tai's positive stance on IPR issues

External Affairs Minister S Jaishankar on Thursday welcomed the positive stance of US Trade Representative Katherine Tai on issues related to intellectual property rights of COVID-19 vaccines and her support for efficient and robust supply chains. Jaishankar, 66, on Thursday had a meeting with Tai to discuss a wide range of bilateral trade issues. The minister described it as good discussions. "Welcomed her positive stance on IPR issues & support for efficient and robust supply chains," he said in a tweet after the meeting. Early this month, Tai, after consultations with various stakeholders, had announced support to the move of India and South Africa to waive certain IP aspects of COVID-19 vaccines at the World Trade Organization (WTO). This step is likely to help in a big way in the fight against the pandemic. "Our trade, technology and business cooperation are at the core of our strategic partnership. Enhancing them is vital to post-Covid economic recovery," Jaishankar said in .

US house introduces sweeping new bill 'Eagle Act' to counter China

A top US Congressman has introduced new legislation named the "Ensuring American Global Leadership and Engagement" or Eagle Act, that aims to counter the policy challenges posed by China

US trade deficit jumps 4.8% to record $71.1 billion in February

The US trade deficit grew to a record USD 71.1 billion in February as a decline in exports more than offset a slight dip in imports.

First US-China meeting under Biden administration gets off to a rocky start

Officials trade barbs over Hong Kong, Taiwan and Xinjiang

US Senate confirms Katherine Tai as Biden's chief trade negotiator

The US Senate on Wednesday (local time) unanimously approved the nomination of Katherine Tai as President Joe Biden's chief trade negotiator.

Myanmar coup to dampen US trade, impact footwear companies, experts warn

Total trade in goods between Myanmar and the United States amounted to nearly $1.3 billion in the first 11 months of 2020,

Inclusion in USTR report on notorious mkts list is ill-informed: Snapdeal

Snapdeal, along with four Indian shopping complexes, two of them in New Delhi alone, have figured in the latest 2020 Review of Notorious Markets for Counterfeiting and Piracy

US trade deficit jumps to $68.1 billion in November amid surge in imports

The US trade deficit jumped to USD 68.1 billion in November as a surge in imports overwhelmed a smaller increase in exports

US slams India, Italy on digital taxes, could impose retaliatory tariffs

Digital services taxes adopted by India, Italy and Turkey discriminate against US companies and are inconsistent with international tax principles, the US Trade Representative's office has said

The World Trade Organisation is having a midlife crisis

Fixing the global trading system means first coming to grips with why it is broken

Biden nominates Katherine Tai as top trade rep, says China key priority

Tai currently serves as the chief lawyer on trade on the House Ways and Means Committee, and prior to that she served in the USTR's Office of the General Counsel

US trade deficit hits 14-year high, rises to $67.1 billion in August

The US trade deficit rose in August to the highest level in 14 years

US remains India's top trading partner for 2nd consecutive year in 2019-20

The bilateral trade between India and China has dipped to $81.87 billion in 2019-20 from $87.08 billion in 2018-19

US trade officials okay partial tariff exemptions on Apple amid reprieve

The move by US officials could make it easier for both Apple and small makers of gaming computers to assemble devices in the United States by lowering the costs of importing parts