US Trade

The European Parliament voted Thursday to approve a trade deal between Washington and Brussels but with amendments added to protect European interests should the United States fail to hold up its end of the bargain. The deal was negotiated last July in Turnberry, Scotland, by US President Donald Trump and European Commission President Ursula von der Leyen. It set a 15 per cent tariff on most goods in an effort to stave off far higher import duties on both sides that might have sent shock waves through economies around the globe. New language now says that the deal can be suspended if Washington "undermined the objectives of the deal, discriminated against EU economic operators, threatened member states' territorial integrity, foreign and defence policies, or engaged in economic coercion." That clause was forged because of the tensions over Greenland, said Bernd Lange, a German lawmaker and head of the EU's parliamentary trade committee. Trump drew widespread condemnation across th

The unusually rapid pace of these 76 inquiries raises concerns over due process, with expectations that responses may align closely with the Trump administration's preferred outcomes

The US Trade Representative has initiated Section 301 investigations into 60 trading partners, including India, to examine whether they failed to curb imports of goods produced with forced labour

Trump administration has cautioned foreign trading partners and the business community for months that it would use alternative tools to address its trade concerns if IEEPA tariffs were struck down

The US said India will lower tariffs on a "vast array" of American industrial and agricultural goods, such as "fruits, vegetables", to zero per cent under the trade deal announced by President Donald Trump. The US described this as a "big win" while noting that India will continue to control "certain key areas" that enjoy protection. "This is it. The time has come, and now we have the deal. We'll finish papering it, but we know the specifics. We know the details. It's a very exciting opportunity," United States Trade Representative Jamieson Greer said Tuesday in an interview to CNBC Squawk Box. Greer said that the US will continue to maintain some level of tariff against India - 18 per cent - "because we have this giant trade deficit with them, but they've also agreed to reduce their tariffs for us on a variety of agricultural products, manufactured goods, chemicals, medical devices, etc. It's an exciting opportunity for both countries," he said. Giving details of the deal, Greer .

As the Supreme Court reviews Trump's tariffs, the US is expanding Section 232 duties that could affect $621 billion in Asian goods, raising risks for allies and rivals alike

SHW Partners, led by Trump's former adviser Jason Miller, helped Indian diplomats set up meetings with US officials

The oil companies are seeking to include US LPG prices and the much higher shipping costs from the US

The US has already sanctioned four top Russian producers and, along with other Group of Seven nations, hundreds of tankers involved in transporting Moscow's oil

Commerce and Industry Minister Piyush Goyal on Wednesday said talks with the US on the proposed bilateral trade agreement are progressing. He said that the US team is in New Delhi for the negotiations. "Talks are continuously progressing with them. We are moving forward towards a bilateral trade agreement," Goyal told reporters here at the Pravasi Rajasthani Divas. He indicated that he may meet the visiting US official team. A delegation led by Deputy US Trade Representative (USTR) Rick Switzer is in the national capital for two-day trade talks with his Indian counterpart Rajesh Agrawal. The US' chief negotiator for the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, will hold discussions with India's chief negotiator and Joint Secretary in the Department of Commerce, Darpan Jain. The visit is crucial as India and the US are working to finalise the first tranche of the pact. This is the US officials' second trip since the imposition of a 25 per ce

The Indian rupee has slipped to an all-time low against the US dollar, pressured by foreign investor exits and global trade tensions. A new poll suggests a mild recovery could be ahead

An interplay of smartphone makers' decisions and government trade policies could be the reason for trend

US lawmakers urge broader bans on chipmaking equipment to China after a report found $38 billion of gear bought legally last year, up 66% from 2022, highlighting export rule gaps

Commerce Secretary Howard Lutnick has said that the US will have to fix countries like Brazil and India, asserting that these nations need to react correctly to America by opening their markets and refraining from actions that could harm American interests. The Trump administration has imposed 50 per cent tariffs on India, including a 25 per cent tariff on New Delhi's purchases of Russian oil, among the highest tariff rates imposed on any country in the world. "We have a bunch of countries to fix, like Switzerland, Brazil, India - these are countries that need to really react correctly to America. Open their markets, stop taking actions that harm America, and that's why we're off sides with them," Lutnick said in an interview with NewsNation. Lutnick said that these countries have to understand that if "you want to sell to the US consumers, you've got to play ball with the President of the United States." Apart from India and Brazil, Lutnick also mentioned countries like Taiwan and

The Walt Disney Co. will pay a USD 10 million fine to settle a Federal Trade Commission lawsuit alleging it allowed personal data to be collected on kids under 13, violating federal law. The FTC said Tuesday Disney violated the Children's Online Privacy Protection Act, or COPPA, which requires kid-oriented apps and websites to get parents' consent before collecting personal information of children under 13. According to the complaint, Disney failed to properly label some videos that it uploaded to YouTube as Made for Kids. The mislabeling allowed Disney, through YouTube, to collect personal data from children under 13 viewing child-directed videos and use that data for targeted advertising to children, the FTC said. That's because, since the videos weren't labeled as being for kids, they included targeted advertising. Representatives for Disney did not immediately return a message for comment. Google, the parent company of YouTube, agreed to pay USD 170 million in a similar settlem

Letters, documents, gift items up to $100 to continue

A lazy interpretation is that critics were simply wrong about the Trump agenda

Trump's trade policy could channel over $10 trillion into US factories by linking tariff relief for allies to targeted investments in critical industries

An urgent meeting of the seven-member Federal Council - Switzerland's governing cabinet - would take place in Bern in the early afternoon, the government said a post on X

Donald Trump signs order imposing tariffs on 68 countries and EU from August 7; while some nations secured last-minute trade deals, many - including India and Canada - face steep new duties