As the November 5 U.S. presidential election approaches, the tension surrounding the U.S.-China tech conflict is poised to intensify, regardless of whether Republican Donald Trump or Democrat Vice President Kamala Harris emerges victorious. Both candidates have articulated their commitment to… Read More ›
tariffs
Israel UAE sign Free Trade Agreement
On Tuesday, in a significant development Israel has signed a free trade agreement (FTA) with the United Arab Emirates marking its first big trade accord with an Arab state. The agreement sees removal of tariffs as well as a boost… Read More ›
Britain reduces tariffs on Ukrainian exports to Britain to zero
In a statement the British government said, all tariffs on goods exported by Ukraine to Britain under an existing free trade agreement will be removed to help the Ukrainian economy. “All tariffs would be reduced to zero and all quotas… Read More ›
USTR reinstates tariffs on 352 Chinese products
The Biden Administration has reinstated 352 from U.S. “Section 301” tariffs on Chinese imports, effective retroactively from October 12, 2021 and extended through Dec. 31, 2022, said the USTR. The move covers a wide range of Chinese products worth around… Read More ›
China failed to meet Phase 1 purchase commitments, yoo early to withdraw US tariffs on Chinese goods: Biden
In a statement U.S. President Joe Biden said, it was too early to make any commitments on lifting U.S. tariffs on Chinese goods, while USTR Katherine Tai said she was working on the issue. “I’d like to be able to be… Read More ›
British Trade Minister Anne-Marie Trevelyan arrives in India to secure post-Brexit trade deals
On Wednesday, British Trade Minister Anne-Marie Trevelyan arrived in India in an effort to boost economic ties between the two countries. The development marks Britain trying to sign trade deals after its departure from the European Union – the world’s… Read More ›
Britain aims to strengthen trade ties with US: trade minister Anne-Marie Trevelyan
British trade minister Anne-Marie Trevelyan will seek to strengthen trade relationship with the United States during her visit to New York and Washington on her trip to the United States this week. A full trade relation between the two countries… Read More ›
USTR to revive tariff exclusion on Chinese imports, seeks public comments
In a statement the U.S. Trade Representative’s office said, it is seeking public comments on plans to revive a targeted tariff exclusion process on Chinese imports with the aim to reinstate previously extended exclusions on 549 import product categories. It… Read More ›
Chinese solar manufacturers shifting manufacturing base to Vietnam, Malaysia and Thailand to evade US tariffs
In a statement the U.S. Commerce Department said, it has asked a group of anonymous domestic solar manufacturers for additional information before it would consider a request to impose duties on panels produced in three Southeast Asian countries. The development… Read More ›
US business groups wants US to cut import tariffs despite China not complying to Phase 1 trade commitments
More than 36 influential business groups from the United States and asked U.S. President Joe Biden’s administration to restart trade talks with China; they have also asked that Washington cut its tariffs on Chinese exports to the United States, said… Read More ›