‘Zero-for-Zero’ tariff strategy unlikely in proposed India-US trade deal: Official – Times of India

‘Zero-for-Zero’ tariff strategy unlikely in proposed India-US trade deal: Official – Times of India

PM Narendra Modi and Donald Trump (File photo-ANI) The proposed India-US bilateral trade agreement is unlikely to include a ‘zero-for-zero’ tariff strategy, as the two nations are at different stages of economic development, official sources said. The idea, though floated by trade experts to counter reciprocal tariff hikes by the US, does not align with…

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‘If negotiations not satisfactory, countermeasures will kick in’: EU puts retaliatory tariffs on hold for 90 days – The Times of India

‘If negotiations not satisfactory, countermeasures will kick in’: EU puts retaliatory tariffs on hold for 90 days – The Times of India

European Commission President Ursula von der Leyen and Donald Trump The European Union on Thursday announced that it would suspend its retaliatory tariff worth 20.9 billion euros ($23 billion) on US goods for 90 days after American President Donald Trump imposed a pause on levies. European Commission President Ursula von der Leyen acknowledged Trump’s announcement…

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