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US trade News

09 Jul 2019

No longer acceptable: Trump hits back at India over tariffs on US products

"India has long had a field day putting Tariffs on American products. No longer acceptable!" tweeted Trump.

10 Jun 2019

Jinping, PM Modi may discuss US trade friction on sidelines of SCO, says China

Describing Prime Minister Narendra Modi and President Xi Jinping as "good friends", China on Monday hoped that the two leaders would discuss their respective trade frictions with the US and reach a consensus on opposing trade protectionism during their "very important" meeting this week on the sidelines of the SCO summit in Bishkek.

31 Aug 2018

Donald Trump threatens to pull United States out of WTO

Trump, who has previously criticized the WTO's dispute settlement system as being unfavorable to the US, said Washington had "rarely won a lawsuit" there although things began changing last year.

12 Jul 2018

With US trade under a cloud, China to give swift approvals to Indian drugs

Indian firms are looking to fill gaps in Chinese demand for generic drugs, software, sugar and some varieties of rice.

07 Mar 2018

US ready for trade war: Donald Trump

Trump defended his decision not to have a country specific exemption on his steel and aluminium tariff.

26 Aug 2017

Donald Trump moves to squeeze Venezuela's access to finance

Clashes in Venezuela between anti-government protesters and police this year have left 125 people dead, according to prosecutors.

28 Feb 2017

US confirms disappointing growth in 2016

The US Commerce Department on Tuesday confirmed a picture of sluggish growth in 2016, with the world`s largest economy growing at its slowest pace in five years.

US trade deficit

06 Jan 2016

US trade deficit shrinks to 9-month low

The US trade deficit shrank in November to a nine-month low as a sharp drop in imports outpaced a decline in exports, the Commerce Department said Wednesday.

22 Dec 2015

US third quarter growth estimate cut to 2%

The US economy grew at an annual rate of 2 percent in the third quarter, according to Commerce Department data Tuesday, slightly below a previous estimate of 2.1 percent.

16 Sep 2015

EU proposes special dispute court for US trade deal: Official

The European Union on Wednesday proposed a special court to resolve any disputes arising from a planned huge trade deal with the United States, instead of the widely criticised private tribunals that Washington wants.

04 Jun 2015

US stocks rise on data, dovish ECB meeting

Wall Street stocks rose Wednesday following a wave of mostly solid US data and a fresh confirmation of ultra-easy money policies by the European Central Bank.

India economic reforms

04 Jun 2015

Indo-US business poised to grow fivefold: USIBC

The bi-lateral trade between India and the United States is poised to grow fivefold from the current USD100 billion to USD500 billion, a Indo-US business body has said.

India economic reforms

04 Jun 2015

US asks India to consider more steps to facilitate trade

The US has said it is encouraged by the economic reforms being pursued by the Indian government, and appealed to it to consider taking additional steps towards facilitating trade.

23 May 2015

US Senate votes to grant Obama fast-track power on trade deals

Attention now turns to the House of Representatives, where opposition is deeper to granting the president power to negotiate trade deals that can be approved or rejected by Congress but not amended.

14 May 2015

US Senate reaches deal on trade fast-track after setback

US senators reached a deal Wednesday that would help grant President Barack Obama authority to quickly complete a huge Pacific trade accord, one day after Democrats blocked the measure.

07 May 2015

Dollar ticks up after drop on weak jobs data

The dollar mostly strengthened against other Asia-Pacific currencies.

US trade deficit

05 Feb 2015

US trade deficit jumps 17.1% to $46.6 billion

The US trade deficit in December jumped to the highest level in more than two years as American exports fell and imports climbed to a record level.

04 Nov 2014

Yen claws back ground in Asia after BoJ easing plunge

The yen recovered slightly in Asia on Tuesday after plunging to a near seven-year low against the dollar after the Bank of Japan last week ramped up its vast monetary easing plan.

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