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Trump’s Africa summit heats up rivalry for continent’s resources
US President Donald Trump’s meeting with African leaders shows a sense of urgency in competing for scarce resources with China, which recently lifted tariffs on imports from the continent.
South Korea wins UK appeal over arbitration ruling in Samsung merger case
South Korea won its latest appeal in its dispute with US hedge fund Elliott over the 2015 merger of two affiliates of Samsung, shortly after the electronics group’s Chairman Jay Y. Lee was cleared by South Korea’s top court.
Indonesia still negotiating details, exemptions on US tariff deal, official says
Indonesia is currently negotiating the details of a recently reached trade agreement with the United States, following a US decision to reduce tariff rates on Indonesian imports from 32% to 19%. Indonesia is seeking exemptions for key exports like palm oil, nickel, cocoa, and rubber from these tariffs.
Letter: The Indian Government must stop any trade deal with the USA that is detrimental to farmers’ interests – no interim FTA to be signed with the USA
ICCFM strongly opposes the proposed interim free trade agreement (FTA) with the United States that includes the agricultural sector, citing severe negative impacts on Indian farmers’ interests. The letter stresses the need to exclude agriculture from such an agreement to safeguard India’s food sovereignty, food security, and rural economy.
Farmers protest potential reduction of barriers to US agricultural imports
Farmers here are vehemently protesting the government’s ongoing negotiations with the United States over tariffs, as the nation’s top negotiator hinted at reducing barriers to agricultural imports.
Striking trade deal with US was an ‘extraordinary struggle,’ Indonesia says
The deal will see the US impose a 19% tariff on Indonesia’s exports, a reduction from the 32% Trump had initially threatened to impose on the country.
Letter to USTR Greer from 11 orgs on digital trade rules on upcoming USMCA review
We write today to urge you to oppose efforts by the largest Big Tech monopolists to use trade agreements and trade policy actions to internationally preempt and derail domestic policies that safeguard consumers, workers, farmers and competing businesses against Big Tech abuses here and in other countries.
Victory for Trump as EU backs down on digital taxes in next budget
Shelving the plan could help EU persuade the US to give it a more favorable trade deal and comes just two months after the Commission suggested it.
US dairy industry presses Canada for changes to quota
US dairy exporters are demanding Canada rewrite its rules around who can import cheese, milk and other products as President Donald Trump threatens to impose a 35-per-cent tariff on Canadian goods beginning Aug. 1.
US wants EU to ‘follow us 100%’ on China, says Brussels
The US is urging the EU to fully adopt Washington’s more hawkish policy on China, a senior EU official said, amid growing speculation that the bloc could impose tougher measures on Beijing in order to clinch a trade deal with the US.
India should avoid rushing for trade agreement with US, say experts
India should avoid rushing into a trade deal with the US that compromises core sectors like agriculture, experts on Sunday said, cautioning that Washington is not sparing even its key partners like the EU.
Farmers’ group rejects trade deal with US
The farmers’ group Samahang Industriya ng Agrikultura (Sinag) strongly opposes rushing into a new trade agreement with the US, particularly following the recent imposition of a 20% US tariff. Sinag warns that such a comprehensive trade deal risks favoring importers and international traders over local farmers, manufacturers, and workers.
South Korea says framework US trade deal possible by August, farm market access on table
South Korea’s trade minister indicated a potential for an "in-principle" trade agreement with the US, signaling willingness to enhance access to its sensitive agriculture and livestock markets as part of a broader strategic judgment.
Trump seeks to extract “payment” for reciprocal tariffs by 1 August
The Trump administration’s trade war appears to be replete with geopolitical and geoeconomic undertones in which countries with strong links with China in Asia are being severely punished.
Vietnam thought it had a deal on its US tariff rate. Then Trump stepped in.
Neither side has released documentation of the tariff terms, raising questions about whether they did, in fact, reach an agreement.
Trump threatens Canada with 35 percent tariff rate starting Aug 1
Both Canada and Mexico are trying to find ways to satisfy Trump so that the free trade deal uniting the three countries — known as the USMCA — can be put back on track.
’Trump’s model isn’t a free trade agreement, it’s a YATRA...’: GTRI on India-US trade deal
“Trump’s model isn’t a free trade agreement; it’s a YATRA — Yielding to American Tariff Retaliation Agreement,” GTRI said, highlighting the US President’s aggressive stance on trade negotiations.
Bangladesh hopeful of securing mutually-beneficial tariff pact with US
Bangladesh is actively negotiating with the US to secure a mutually beneficial tariff agreement amid planned US tariffs on Bangladeshi goods. Bangladesh has offered zero-duty access for many US goods and commitments to increase imports of items like LNG, cotton, aircraft, and agricultural products to balance the trade gap.
Close to deal with India, says US President Donald Trump
US President Donald Trump stated that the US and India are close to finalizing a trade deal amid ongoing negotiations. Although America’s reciprocal tariffs on India were extended from July 9 to August 1, a special Indian negotiating team recently concluded key discussions in the US.
Indian farmers reject proposed trade deals with West and prepare for July 9 national strike
Major Indian farmer’s groups have announced they will participate in the upcoming July 9 national strike call made by the central trade unions against the government’s anti-worker policies.