The drop could be hailed as a win for President Donald Trump who made an aggressive trade strategy with China a hallmark of his first term in officeTotal US exports in September rose to $176.4 billion, and though imports also rose, to $240.2 billion, the increase was minimal
1 min read4 Nov 2020The US has scrapped GSP privileges for 90 items. India is likely to be the worst hit country, affected in 50 of these instances
1 min read2 Nov 2018Cheaper imports under World Trade Organization's (WTO's) generalized system of preferences, or GSP, help US firms, says India
2 min read6 Aug 2018The White House also said that it would place new restrictions on Chinese investment into the United States and limit US exports of high-tech goods to China
4 min read30 May 2018China launches a WTO challenge against US proposal to slap $50 billion tariffs on Chinese imports over Beijing's alleged theft of intellectual property and technology
1 min read6 Apr 2018China says that the proposal by the US to recoup alleged losses due to intellectual-property abuse on around $50 billion of Chinese goods is a gross violation of the WTO's fundamental principles
3 min read4 Apr 2018US uranium companies are fighting for similar relief as America's nuclear power generators increasingly turn to supplies overseas to fuel their plants
1 min read23 Mar 2018Donald Trump warned PM Narendra Modi that India must do more to reduce obstacles to US exports even as he offered thanks for recent purchases of American-made equipment
2 min read27 Jun 2017A trade war between the US and China would hurt both sides, but there is reason to believe that the US has more to lose
4 min read24 Feb 2017Trump has effectively tapped into a vein of US anger, and his actions are likely to stir up anger overseas as well. US exporters have to watch out for this retaliation
3 min read17 Nov 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared