India-US trade deal in danger? 126% tariff on solar panels, Trump’s statement created an uproar

Indian solar to USA: US President Donald Trump has decided to impose initial duties of 126 percent on solar imports from India. This step may jeopardize the ongoing trade agreement between India and America. The US Commerce Department imposed this duty because it felt that India unfairly subsidized its domestic solar panel manufacturing, making Indian…

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US sets initial duties on Indian solar imports at 126%

(Bloomberg) — The Trump administration set preliminary duties of 126% on solar imports from India after determining the country unfairly subsidized manufacturing. The US Commerce department also set initial levies from 86% to 143% for Indonesia and 81% for Laos. The rates are based on a determination of foreign subsidies that the US says allowed…

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China’s COMAC takes on Boeing, Airbus — here’s all you need to know about Chinese planemaker

China’s state-backed aircraft maker COMAC (Commercial Aircraft Corporation of China) is accelerating its push into the global aviation market, positioning itself as a long-term competitor to industry leaders Boeing and Airbus. COMAC has made significant strides since its C919 passenger jet flew to Singapore, in what is considered to be its first trip outside China,…

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