trade

The U.S., Canada and Mexico will continue to sign trade and economic agreements, but these pacts won’t deliver the certainty and protection enjoyed for three decades prior under the former NAFTA.


Washington and New Delhi have repeatedly come close to a trade agreement, only for disputes over tariffs and market access to derail them. The post What it will take for the US and India to conclude a trade agreement appeared first on Atlantic Council .
Pooja VV, Bharata Mata School of Legal Studies, Choondy, Aluva ABSTRACT Foreign trade plays a crucial role in India’s economic development by promoting industrial growth, increasing exports, attracting foreign investment, creating employment opportunities, and strengthening the country’s position in the global market. As international trade has become increasingly complex and rigid, an effective …
After a Supreme Court loss earlier this year, the Trump administration is using a different authority to add a 25% tariff on smaller drones, and a 100% tariff on larger models. If you’re looking to buy a new drone , brace for potential price hikes: The Trump administration is imposing new tariffs on imported drones and their components. The US is becoming "too reliant on foreign sources" of drone…

Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producer Donald Trump has ordered a new 15% tariff on imported products made of polysilicon, an important ingredient in microchip manufacturing that is primarily produced by China. The new tariff, which will take effect on 4 December, is aimed at supporting US chip and solar panel sup…

Coalition of 25 states ask the US Court of International Trade to halt tariffs, calling them unlawful Trump imposes fresh tariffs on dozens of trading partners A coalition of 25 US states sued the Trump administration on Monday over new tariffs pegged at 10% to 12.5% on goods from 60 trading partners, calling them a pretext for replacing import taxes struck down by the supreme court in February. …

Tim Philips of voxeu speaks to Alberto Martin on how superpowers dictate trade: Recorded at the PSE-CEPR Policy Forum, Paris School of Economics. Tariffs move trade around, but so does economic power. When one economy dominates, other countries fall into step with it. They trade with the dominant economy, and also with each other. Alberto […]

Mexico’s record exports mask an uncomfortable reality: its fastest-growing industry—data processing machines—relies overwhelmingly on Asian inputs. A carefully redesigned USMCA could help the country move up the value chain. The post Mexico can turn USMCA pressure into an industrial opportunity appeared first on Atlantic Council .

EU urged to make UK exempt from rules that risk becoming the most damaging consequence of Brexit yet The EU’s car industry has called for the UK to be fully included in new “Made in Europe” rules that threaten to shut out British manufacturers from their biggest export market. The European Automobile Manufacturers Association (Acea) on Wednesday urged Brussels to give the UK, Turkey and Morocco “…

Even though Mexico is the US’s top trade partner, the fate of the pact underpinning that relationship is uncertain. The post As key trade talks start, the US‑Mexico relationship will likely limp along – but at a cost appeared first on USC Dornsife .

Twelve countries with a free trade agreement with Brussels have their quota reduced by just one-third Business live – latest updates The EU has halved the amount of duty-free steel it will accept from abroad, but has agreed to higher levels of imports for 12 trading partners including the UK. The curbs are designed to reduce cheap Chinese steel coming into the bloc. However, 12 countries with a f…

Two sides agree to try to make bilateral relationship ‘more balanced’ after weeks of threats The EU and China have agreed to enter three months of talks to try to avoid a trade war over the bloc’s €360bn (£310bn) annual import/export imbalance. In their first joint statement in seven years, the two sides agreed in Brussels to open a formal trade consultation after weeks of threats and recriminati…

By Wenwan Jin, Yuxin Zhu, Xiongbin Lin and Xingchuan Gao, Ningbo University When the US-China trade war escalated in 2018, agriculture was among the sectors that experienced significant disruption. Tariffs imposed on both sides affected a wide range of agricultural commodities, such as soybeans and meat products. Bilateral agricultural trade fell by 29 per cent […]
Ms. Sumanpreet Kaur, Research Scholar, Department of Laws, Panjab University, Chandigarh ABSTRACT Trade liberalisation is one of the prominent aspects of today’s economy. It gives the States freedom to trade globally. It can also create opportunities for domestic manufacturers to expand their export markets and access new customers abroad. Though, sometimes, restrictions are mandatory in order to…

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