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BIZARRE: Ustr - You Need To See This

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

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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

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

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

Reason

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…

The Economic Times

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.”

Fortune

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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…

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.

The Economic Times

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.

Bangkok Post

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

AAP

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.

International Business 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

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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.…

Euronews

New US tariff plan targets EU and dozens of economies over forced labour imports

The EU and UK are among the economies targeted by a new US tariff proposal linked to forced labour imports, potentially reopening trade tensions just weeks after Brussels reached a deal with Washington.

AAP

US proposes more tariffs on goods from 60 economies

US President Donald Trump is ignoring critics of his tariff policies, and has imposed additional duties ‌of 10 or 12.5 per cent on imports from 60 economies.

The Economic Times

US India trade relations: USTR reveals Section 301 findings, proposes 12.5% additional tariffs on imports from New Delhi & others

US tariffs on India: The US Trade Representative has initiated a significant proposal for additional tariffs targeting India and 53 other nations, driven by findings related to forced labor practices in production. This development is a crucial aspect of the ongoing trade negotiations between India and the US. In response,…

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The Economic Times

US-China Board of Trade: Trump administration seeks public comments on promoting balanced, reciprocal trade with Beijing

The Trump Administration is establishing a US-China Board of Trade to optimize bilateral trade in non-sensitive products, initiating a public comment process on a mechanism to promote balanced and reciprocal trade with China. The Office of the United States Trade Representative (USTR) announced the development of this new government-to-government mechanism,…

The Economic Times

As India-US trade talks resume in New Delhi, here's what Section 301 means for the deal

US and Indian trade officials are in New Delhi for crucial talks. They aim to finalize an interim trade pact before a key tariff deadline. Discussions also cover a broader trade agreement. A US trade investigation under Section 301 is a significant factor. India seeks fair terms and preferential treatment.…

The Economic Times

Trump administration proposes 25% tariff to punish Brazil over trade practices

The United States is proposing a 25% tariff on many imports from Brazil. This action follows an investigation into unfair trade practices. Issues include digital trade and illegal deforestation. The tariffs will not affect certain goods like beef and coffee. Public hearings are scheduled for July. This move could impact…

The Economic Times

Trump administration targets Vietnam's IP enforcement in new trade investigation

America has launched a trade probe into Vietnam's handling of intellectual property. This move could lead to new tariffs. Vietnam has been flagged for failing to address long-standing concerns. While Vietnam has made some progress, infringement continues. Enforcement challenges persist, with counterfeit goods widely available. This investigation follows previous trade…

The Economic Times

USTR Greer sees no immediate chip tariffs but says protection important for sector

USTR Jamieson Greer announced no immediate semiconductor tariffs are planned. He emphasised the importance of duties to encourage domestic chip manufacturing. Greer indicated that any protective measures would be carefully timed and appropriately scaled. This comes as the US aims to reduce reliance on foreign chip supply chains. Micron Technology…

The Economic Times

Don't panic, don't rush into deals: Why Trump's trading partners should let US courts fight the tariff war

US courts are consistently striking down President Trump's tariffs. This offers a clear lesson for America's trading partners. They should not panic or rush into trade deals. Instead, they should challenge the legality of these measures. The US Court of International Trade has already invalidated several tariffs.

Fortune

Asia scrambles to respond to Trump's sweeping Section 301 trade probes, which could pave the way for new tariffs

China calls the two new probes a "typical protectionist act." Malaysia said its U.S. trade deal was now "null and void."

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