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The Latest Breaking News from USTR

US says Brazil's tariff concessions favour India, Mexico in 301 probe

The United States Trade Representative announced tariffs on certain Brazilian imports. These tariffs target Brazil's preferential trade arrangements with India and Mexico. The US claims these deals disadvantage American exporters unfairly. Brazil offers lower tariff rates to India and Mexico on many goods. The United States seeks similar preferential treatment…

The Economic Times

Forced labour explained: Why India changed its import policy

India has amended its Foreign Trade Policy to prohibit imports of goods made using forced labour. This move creates a legal framework for banning such products in the future. The United States is investigating India and other economies over similar alleged failures. India's constitutional obligation and international commitments drive this…

The Economic Times

India, US have framework trade deal ready; signing awaits right time: Official

India and the United States are progressing well on a trade agreement framework. This framework deal is ready and will be signed at the appropriate time. India seeks a comparative advantage on tariffs compared to competitor nations. Both sides are fully engaged in achieving a balanced and meaningful trade pact.…

The Economic Times

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India flags inconsistencies in US forced labour probe, seeks resolution via trade talks

India urged the United States to address tariff concerns through bilateral trade negotiations. New Delhi questioned inconsistencies in Washington's proposed forced labor tariff framework. Exemptions for certain products undermine the policy's stated rationale, India argued. Industry representatives warned that tariffs would increase costs and hurt trusted supply chains. India maintained…

The Economic Times

American giants warn higher tariffs on India & others may backfire on US' manufacturing

Several major US companies, including Intel, IBM, Dell, Honeywell Aerospace, Ford, GE Appliances and De Beers, have urged the US Trade Representative (USTR) to reconsider its proposal to impose additional tariffs of up to 12.5% on imports from 60 countries, including India.

The Economic Times

USTR's Sec 301 probe on forced labour concerns: India urges reconsideration of proposed 12.5 pc tariffs

India has asked the US to reconsider proposed tariffs on its goods. The US Trade Representative is considering a 12.5 percent tariff on Indian imports. India disputes the US findings regarding forced labor and market distortion. The country is willing to engage in dialogue to address US concerns. Final decisions…

The Economic Times

ACMA banks on govt to work out best tariff deal with US for auto components sector

India's auto components sector hopes for a favorable trade deal with the United States. The US is investigating Indian imports over labor and subsidy concerns. ACMA asserts that Indian labor laws are robust and child labor is absent. The industry body also refutes claims of receiving government subsidies for excess…

The Economic Times

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US Forced Labour Hearings: Trump's next tariff threat looms over 60 countries, including India

The United States is considering new tariffs on sixty nations, including India, due to forced labor concerns. Hearings will begin to discuss potential import duties on goods suspected of forced labor origins. India has rejected these allegations and is presenting its case to US trade officials. This move could impact…

The Economic Times

Indian officials to testify before US Trade Representative to counter tariff move

India is set to strongly contest proposed US tariffs next week, arguing that allegations of forced labour are legally unsound and will harm American businesses. Indian industry representatives will present a robust counter at a public hearing, highlighting the country's comprehensive legal framework and compliance measures.

The Economic Times

ESA bafflingly declares private Minecraft servers 'illegal' in Stop Killing Games hearing: 'We consider it piracy, we have lawsuits'

Catch me on the corner selling server.jar out of a long trenchcoat.

PC Gamer

When Data met Donald – and died: How US Prez trumped India with fake tariff numbers

A new book reveals President Trump's disregard for factual trade data concerning India, often dismissing official figures as 'bullshit numbers' to justify his imposition of high tariffs. Despite evidence from USTR and trade representatives, Trump insisted on inflated tariff rates, leading to strained US-India relations. This approach extended to foreign…

The Times of India

India, US to hold ministerial-level talks on bilateral trade pact this week

In a significant development, India and the US are set to conclude the first phase of their trade agreement this week. Commerce Minister Piyush Goyal is scheduled to meet US Trade Representative Jamieson Greer, with discussions geared towards finalizing an interim deal before the July 24 deadline, coinciding with the…

The Economic Times

US Launches Trade Probe Accusing Germany of Making Medicine 'Too Cheap' As Trump Pushes Global Prices Higher

The US has initiated a Section 301 trade investigation into Germany over low drug prices, potentially leading to tariffs on German pharmaceutical exports.

International Business Times UK

US launches Germany pharma pricing probe, raising threat of new tariffs

Germany came under fresh US trade scrutiny on Thursday as the United States launched an investigation into the country's pharmaceutical pricing policies, a move that could pave the way for new tariffs. Washington said it would examine whether Germany's pricing practices unfairly underpay for innovative medicines and burden US commerce…

France 24

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Reason

The Courts Should Rein in Trump's Proposed Section 301 Tariffs as Well

A guest post by Georgetown legal scholar Peter E. Harrell.

The Economic Times

India counters US Section 301 probe claims of surplus capacity in textiles, steel

India is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic output closely matches local demand, driven by India's large population and growing consumption. Industry bodies like TEXPROCIL also reject these claims, highlighting that over 80% of textile production serves the…

Fortune

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

“Don’t read too much into it,” one international trade expert said. “See, this isn’t serious.”

The Economic Times

India, US trade pact can be finalised after conclusion of Sec 301 investigations: Official

India and the US are nearing the completion of their interim trade agreement's first phase. This crucial step hinges on the conclusion of America's Section 301 investigations. Officials indicate the pact could be finalized by mid-July. Discussions are ongoing, with a high-level US team expected to visit India soon. This…

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The Economic Times

India Inc wary of fresh trade headwinds as US weighs additional 12.5% tariff

The United States is proposing a 12.5% tariff on Indian imports. This action stems from an investigation into forced labor import prohibitions. Indian industries express concern, viewing it as a tariff threat during ongoing trade negotiations.

Bangkok Post

New US tariff could threaten Thai exports

A new US tariff could pose a severe threat to Thai exports in the latter half of this year, causing fresh trade uncertainties, say economists and businesses.

AAP

Trump administration seeks new path forward with tariffs after first attempt hit legal roadblocks

President Donald Trump is in a hurry to rebuild the tariff wall the Supreme Court tore down less than four months ago

International Business Times

Trump Admin Proposes New Tariffs On Canada, Mexico, EU Over Forced Labor Enforcement Concerns

The Trump administration has proposed new tariffs on imports from Canada, Mexico, the European Union and dozens of other economies after a U.S. investigation found shortcomings in how trading partners address goods produced with forced labor.

The Economic Times

US envoy Sergio Gor to meet Piyush Goyal on trade deal Thursday

India and the United States are nearing a trade deal. US Ambassador Sergio Gor met with Commerce Minister Piyush Goyal to finalize the agreement. Ninety-nine percent of the deal is reportedly settled. Both nations aim for mutually beneficial outcomes. Discussions also cover strategic sectors like artificial intelligence and semiconductors. India…

The Economic Times

Trump’s tariff comeback? The White House finds a new route after court setbacks

The US is proposing to reintroduce country-specific tariffs on India and others, shifting from emergency powers to Section 301 of the Trade Act. This move, targeting imports made with forced labor, coincides with ongoing trade talks. While the US cites unfair competition, India objects, preferring negotiation over unilateral measures, potentially…

The Economic Times

India remains engaged with US on Section 301 proceedings on forced labour issues: Commerce Ministry

India continues discussions with the United States regarding Section 301 proceedings concerning forced labour. These talks occur as both nations negotiate a bilateral trade agreement. The US Trade Representative has proposed tariffs on imports from several economies, including India, if they do not effectively prohibit goods made with forced labour.…

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