India-US deal, with 18% reciprocal tariff
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The US renewed a trade preference program with African nations for one year though the step has little immediate impact because of global tariffs President Donald Trump imposed.
WASHINGTON, Feb 3 (Reuters) - The Supreme Court is taking its time to rule on a case challenging the legality of President Donald Trump's sweeping tariffs given the "enormous" stakes involved, U.S. Trade Representative Jamieson Greer said on Tuesday.
A number of Georgia business owners say they are still reeling from a tumultuous year marked by tariffs and tougher U.S. trade policies.
The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled.
President Trump announced that he and Indian Prime Minister Narendra Modi have agreed to a trade deal that will lower tariffs and halt India's purchase of Russian oil.
Officials and business leaders welcomed lower tariffs, but India has not yet confirmed that it would stop buying Russian oil, which President Trump said Prime Minister Narendra Modi had agreed to.
In response to Trump's tariffs, China's use of other Asian manufacturing markets and forced labor is adding trillions into Chinese GDP.
Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from the president’s impulsive wrath.
President Donald Trump on Saturday threatened to slap 100% tariffs on Canadian imports if America’s second-biggest trading partner makes a trade deal with China.
Indonesia has been pursuing a broad push towards greater trade openness with regional and global partners, seeking to leverage external demand to reach high-income status by 2045. This welcome and timely effort comes amid ongoing trade policy shocks.
US soybean oil futures climbed as much as 3% on Tuesday after President Donald Trump unexpectedly announced a trade deal with India, in a sign of optimism that a truce could open the way for billions of dollars of American products to hit the world’s most populous nation.