US Trade Deals

Canada's two largest railroads are starting to shut down their shipping networks as a labour dispute with the Teamsters union threatens to cause lockouts or strikes that would disrupt cross-border trade with the US. Both the Canadian Pacific Kansas City and Canadian National railroads, which haul millions of tons of freight across the border, have stopped taking certain shipments of hazardous materials and refrigerated products. Both are threatening to lock out Teamsters Canada workers starting Thursday if deals are not reached. On Tuesday, CPKC will stop all shipments that start in Canada and all shipments originating in the US that are headed for Canada, the railroad said Saturday. The Canadian Press reported that on Friday, Canadian National barred container imports from US partner railroads. Jeff Windau, industrials analyst for Edward Jones & Co., said his firm expects work stoppages to last only a few days, but if they go longer, there could be significant supply chain ...

The concerns were raised in a letter calling on the agency to sanction the company after Reuters reported in December that it was part-owned by blacklisted Chinese chipmaker SMIC

Indian steel tycoon Sajjan Jindal wants the government to counter American tariffs and Europe's carbon tax with a similar levy, to level the playing field for companies like his

Dual-use goods can be used for both civilian military applications. Countries often impose export controls on dual-use items as well as military goods over national security concerns

US government data through November suggest that imports and exports in 2022 will add up to an all-time high, or at least come very close, when the final report comes out Feb.

Deadline for agreement will depend on talks, he says as Diwali timeline goes by

Nations joining the US in the Indo-Pacific Economic Framework are Australia, Brunei, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand and Vietnam

According to experts, Japanese Minister Nobuo Kishi's visit to the US in May for talks with Lloyd Austin on enhancing bilateral ties is in response to the 'assertive China' in the Asia-Pacific region.

Government officials said circumstances are now different, with a change in the administration in the US and President Joe Biden taking over in January

Indo-Pacific plan includes Canada and Chile

Goyal said that India is looking forward to work "very" closely with the new US administration to strengthen economic ties

The World Trade Organization recommended on Thursday that the United States bring a series of duties imposed in the pre-Trump era on South Korea into line with global trading rules.

Senator Cantwell expressed disappointment over high import tariffs on apples from her State to India

Earlier this month, Union Commerce Minister Piyush Goyal had said that India has given a "very good and balanced offer" to the US for such a pact

The minister said India is ready to sign the deal "tomorrow", but he has left it to the US to decide on the timing

Govt must move forward on trade deals with US and others

Both New Delhi and Washington should also look at a preferential trade pact with 50 to 100 products and move to a free trade pact in the long term, Goyal said

Officials believe move can lead to an effective trading bloc against China's RCEP; business end of negotiations only by next year

The Indian government has so far not commented officially on the USTR investigation

Official sources said India and the US have almost completed negotiations for first phase of the ambitious deal and it will be formalised soon