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The Latest Breaking News from the US Trade Representative

Rupee falls 31 paise to close at 95.67 against US dollar

The rupee depreciated by 31 paise to 95.67 against the US dollar on Wednesday, influenced by proposed US additional duties on Indian imports due to labor violations. Strong dollar demand, rising crude oil prices, geopolitical tensions, and foreign capital outflows further weakened investor sentiment.

The Economic Times

Fact check: Did US go from ice cream trade surplus to deficit under Biden?

Trump administration says increased imports from Italy under former President Joe Biden changed the ice cream game.

Al Jazeera

Fact check: Are Donald Trump's tariffs on the EU really reciprocal?

Economists tell Euronews Trump's rates are not in any way based on the tariffs imposed by the US' trading partners and therefore cannot be considered an equal measure.

Euronews

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Should European countries reconsider their plans for Big Tech taxes to avoid US tariffs?

Tax or tariffs? Officials in the UK and Poland are debating what they should do regarding proposed and passed digital sales taxes to potentially avoid new US trade barriers.

Euronews

Elon Musk-led Tesla sends Trump letter raising concerns about tariffs

‘U.S. exporters are inherently exposed to disproportionate impacts when other countries respond to U.S. trade actions,’ the electric vehicle giant warned

The Independent UK

Biden Administration Investigates Labor Abuses In Nicaragua

Biden administration investigates labor and human rights abuses in Nicaragua under Ortega's rule, raising concerns over authoritarianism and potential impa...

Top News

US government extends tariff exemption on graphics cards and motherboards for another year

The U.S. administration extended tariff exemptions on China-made graphics cards and motherboards for another year.

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