Xi-Trump meeting: US launches trade probe against China over ‘unfair’ practices; will it worsen ties?

The Trump administration on Wednesday (local time) announced that it is launching trade investigations targeting China, nearly three weeks ahead of a high-stakes summit between President Donald Trump and Chinese President Xi Jinping. In a press release, the US Trade Representative (USTR), Jamieson Greer, announced the “initiation of investigations regarding the acts, policies, and practices…

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US Donald Trump: Which 16 countries including India, China will be hit by Trump? Here is the complete list

In America, Donald Trump administration has started a new investigation against 16 major trading partner countries including India, China and Bangladesh. This investigation is being conducted under America’s Trade Act Section 301 (Trade Act 1974). Under this law, America can increase tariff i.e. import tax on any country. This step has been taken when last…

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India under US scanner for unfair trade practices? Jamieson Greer announces probes, warns new tariffs could be imposed

The Donald Trump administration said on Wednesday that it is launching two new trade investigations: one into excess industrial capacity among 16 major trading partners, including India, and another into forced labor practices, according to a Reuters report. The move aims to rebuild tariff pressure after the US Supreme Court struck down much of Trump’s…

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Nintendo becomes latest to sue US government over tariffs, here are the others seeking refund from Trump administration

Japanese video game company Nintendo on Friday filed a lawsuit in the US Court of International Trade seeking a refund for duties it paid to the US government as a result of President Donald Trump’s Tariffs. According to a Bloomberg report, Nintendo America, in its lawsuit, said the tariffs paid were “unlawfully collected” and asked…

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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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