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trade deal

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European Union (EU) flags outside the Berlaymont building in Brussels, Belgium.(Bloomberg)

EU must shift to open way for Brexit trade deal, says UK minister

Reuters | By Reuters | Posted by Shivani Kumar
UPDATED ON DEC 20, 2020 03:19 PM IST
“Unfortunately, the EU have put in some unreasonable demands ... They do not respect the result of the referendum,” Hancock told Sky News, repeating that sticking points were on fisheries and the so-called level playing field on fair competition rules.
A file photo of the United States trade representative, Robert Lighthizer.(AFP/ FILE)
A file photo of the United States trade representative, Robert Lighthizer.(AFP/ FILE)

Clock may run out on interim deal with India, says top US trade negotiator

Hindustan Times, Washington, DC | By Yashwant Raj
UPDATED ON DEC 16, 2020 11:31 PM IST
It signals the likely end of the Trump administration’s efforts to get a smaller, interim trade deal with India to set up a larger and more ambitious Free Trade Agreement (FTA) at a later stage
Boris Johnson also cited the ongoing disagreements over fisheries as another major issue preventing a deal being reached.(AFP)
Boris Johnson also cited the ongoing disagreements over fisheries as another major issue preventing a deal being reached.(AFP)

Boris Johnson says ‘strong possibility’ of UK, EU failing to agree on trade deal

Moscow | By Asian News International| Posted by Susmita Pakrasi
PUBLISHED ON DEC 11, 2020 05:24 AM IST
During an interview at Downing Street that was screened by UK broadcasters, the prime minister said there was a “strong possibility” that both sides would fail to resolve their differences, and urged citizens and businesses to step up preparations for a no-deal Brexit.
India and the United States have been engaged in trade talks for a long time but an agreement has remained elusive.(REUTERS File Photo)
India and the United States have been engaged in trade talks for a long time but an agreement has remained elusive.(REUTERS File Photo)

US cautions on Atma Nirbhar, points to ‘systemic’ issues in trade talks

Hindustan Times, Washington | By Yashwant Raj
UPDATED ON SEP 03, 2020 01:13 AM IST
US deputy Under-Secretary for international trade Joseph Semsar urged India to focus on creating an environment that will enhance its position in the global supply chain.
The 30-share BSE benchmark Sensex was trading 61.19 points lower at 38,782.69 and the broader NSE Nifty fell 4.65 points to 11,467.60.(Getty Images/iStockphoto)
The 30-share BSE benchmark Sensex was trading 61.19 points lower at 38,782.69 and the broader NSE Nifty fell 4.65 points to 11,467.60.(Getty Images/iStockphoto)

Rupee surges 7 paise to 74.26 against US dollar in early trade

Mumbai | By Press Trust of India| Posted by Susmita Pakrasi
PUBLISHED ON AUG 26, 2020 10:47 AM IST
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, advanced 0.11 per cent to 93.12.
A collapse of the deal risks leading to a return of the tit-for-tat tariff war that hurt trade and companies around the world.(AP)
A collapse of the deal risks leading to a return of the tit-for-tat tariff war that hurt trade and companies around the world.(AP)

Donald Trump cancels China talks, raising questions about trade deal

Bloomberg | By Bloomberg| Posted by Susmita Pakrasi
PUBLISHED ON AUG 19, 2020 08:12 AM IST
Addressing whether the U.S. would pull out of the phase-one deal, Trump said: “We’ll see what happens.” Terminating the deal would require a written notification and take effect 60 days later, unless both parties agree on a different date.
“I’m not interested right now in talking to China,” Trump said in an interview with CBS News.(REUTERS)
“I’m not interested right now in talking to China,” Trump said in an interview with CBS News.(REUTERS)

‘Not interested in talking to China’: Donald Trump on Phase 2 of trade deal

Washington | By Asian News International | Posted by Prashasti Singh
UPDATED ON JUL 15, 2020 06:10 AM IST
Trump and Chinese President Xi Jinping signed the Phase One deal in January. The two sides described the pact as a first-phase agreement, to be followed by new negotiations toward a more expansive deal in a second and possibly third phase.
A worker restocks beef at a Stew Leonard’s supermarket in Paramus, New Jersey, US.((Bloomberg Photo)
A worker restocks beef at a Stew Leonard’s supermarket in Paramus, New Jersey, US.((Bloomberg Photo)

US meat industry puzzled by China’s import ban for 1 plant

Omaha(US) | By Associated Press | Posted by Kanishka Sarkar
UPDATED ON JUN 23, 2020 02:51 PM IST
Meat exports grew significantly throughout the first three months of the year despite the fact that dozens of US meatpacking plants closed temporarily after outbreaks of the coronavirus among their workers.
As the US president blames China for Covid-19, Chinese official media mocks the bungled US response to the pandemic. The abusive language at the highest levels of government on both sides is unusual and dangerous(REUTERS)
As the US president blames China for Covid-19, Chinese official media mocks the bungled US response to the pandemic. The abusive language at the highest levels of government on both sides is unusual and dangerous(REUTERS)

The sharp dip in US-China ties

Hindustan Times | By HT Correspondent
UPDATED ON MAY 06, 2020 07:21 PM IST
India must engage with both, maintaining a soft balance
Prime Minister Narendra Modi speaks to US President Donald Trump during a meeting at Hyderabad House in New Delhi.(REUTERS)
Prime Minister Narendra Modi speaks to US President Donald Trump during a meeting at Hyderabad House in New Delhi.(REUTERS)

Taking out his iPad, PM Modi made on the spot trade presentation to Trump

Hindustan Times, New Delhi | By Shishir Gupta
UPDATED ON FEB 28, 2020 12:57 PM IST
According to those present at Hyderabad House, PM Modi took upon himself to remove the misgivings of US President Donald Trump that India was treating his country unfairly with little effort being made to address an adverse trade deficit.
Prime Minister Narendra Modi, right, waves as US President Donald Trump reacts to the crowd during the 'Namaste Trump' event at Sardar Patel Stadium in Ahmedabad.(AP)
Prime Minister Narendra Modi, right, waves as US President Donald Trump reacts to the crowd during the 'Namaste Trump' event at Sardar Patel Stadium in Ahmedabad.(AP)

India, US look to fast-track conclusion of ‘phase one’ of trade deal

Hindustan Times, New Delhi | By Rezaul H Laskar
UPDATED ON FEB 28, 2020 06:25 AM IST
The two sides hadn’t been able to bridge differences to come up with a widely anticipated limited trade package ahead of Trump’s visit during February 24-25.
The policy gap between Mr Trump and Washington is large and widening. When the two Americas do not see eye to eye, the results can be disastrous for the country and the world(PTI)
The policy gap between Mr Trump and Washington is large and widening. When the two Americas do not see eye to eye, the results can be disastrous for the country and the world(PTI)

US’s differing foreign policies| HT Editorial

Hindustan Times | By HT Correspondent
UPDATED ON FEB 25, 2020 07:49 PM IST
Trump’s visit was a success. But a trade deal remains elusive
US President Donald Trump.(REUTERS)
US President Donald Trump.(REUTERS)

Trump to raise trade barriers, religious freedom on India visit, say officials

Hindustan Times, Washington | By Yashwant Raj
UPDATED ON FEB 22, 2020 06:47 PM IST
Prospects of trade deal being announced during the president’s two-day visit have dimmed considerably despite his efforts to talk it up in public rallies and remarks.
US President Donald Trump with PM Narendra Modi(Reuters file photo)
US President Donald Trump with PM Narendra Modi(Reuters file photo)

India, US line up major defence advancements

Hindustan Times, New Delhi | By Shishir Gupta
UPDATED ON FEB 22, 2020 06:12 AM IST
The first official said President Trump was only keen on visiting Delhi but that India insisted that he do a public event in Ahmedabad on February 24, as a sort of direct outreach to Indians
Donald Trump, accompanied by First Lady Melania Trump, is scheduled to travel to Ahmedabad, Agra and New Delhi on February 24 and 25.(Bloomberg FILE)
Donald Trump, accompanied by First Lady Melania Trump, is scheduled to travel to Ahmedabad, Agra and New Delhi on February 24 and 25.(Bloomberg FILE)

‘May make tremendous trade deal with India, but will put America first’: Donald Trump

Washington | By Press Trust of India
UPDATED ON FEB 21, 2020 08:32 AM IST
Donald Trump’s India visit: Ahead of the visit, there have been talks about India and the United States agreeing on a trade package as a precursor to a major trade deal.
India is in no rush to finalise a trade deal with the US that compromises national interests though some big ticket defence purchases(PTI Photo)
India is in no rush to finalise a trade deal with the US that compromises national interests though some big ticket defence purchases(PTI Photo)

Little progress on trade, India, US to talk defence during Donald Trump’s visit

Hindustan Times, Washington/New Delhi | By Yashwant Raj and Rezaul H Laskar
UPDATED ON FEB 20, 2020 08:31 AM IST
Following intense exchanges on trade-related issues in recent months, commerce minister Piyush Goyal and US trade representative Robert Lighthizer had mutually agreed not to rush into a deal in view of the complicated issues involved, said the people who asked not to be identified.
Irrespective of whether India was right to stick to its “redlines” with the US on the trade deal, there is a larger, disturbing pattern(REUTERS)
Irrespective of whether India was right to stick to its “redlines” with the US on the trade deal, there is a larger, disturbing pattern(REUTERS)

India’s trade challenge | HT Editorial

Hindustan Times | By HT Correspondent
UPDATED ON FEB 19, 2020 06:08 PM IST
The absence of a deal with the US points to a larger problem
The US and India could sign a “trade package” during the visit, according to media reports.(PTI)
The US and India could sign a “trade package” during the visit, according to media reports.(PTI)

‘Saving big trade deal with India for later’: Donald Trump ahead of visit

Washington | By Press Trust of India
UPDATED ON FEB 19, 2020 07:34 AM IST
Donald Trump is scheduled to visit India on February 24 and 25.
A huge crowd greets Dwight D Eisenhower (R) at Connaught Place in Delhi in 1959.(HT File)
A huge crowd greets Dwight D Eisenhower (R) at Connaught Place in Delhi in 1959.(HT File)

In Namaste Trump, an Eisenhower throwback

Hindustan Times, New Delhi | By Pramit Pal Chaudhuri
UPDATED ON FEB 19, 2020 06:34 AM IST
The first time India used teeming thousands to woo a US president was during Dwight D Eisenhower’s state visit in December 1959.
Britain’s first budget following Brexit will take place on March 11 as planned, the country’s new finance minister Rishi Sunak said(REUTERS)
Britain’s first budget following Brexit will take place on March 11 as planned, the country’s new finance minister Rishi Sunak said(REUTERS)

Rishi Sunak, Narayana Murthy’s son-in-law prepares for UK budget

London | By Agence France-Presse
UPDATED ON FEB 18, 2020 11:45 PM IST
Britain finally departed the European Union on January 31, leaving Johnson tasked with striking trade deals worldwide.
A file photo of Prime Minister Narendra Modi with US President Donald Trump. (Photo: AP)
A file photo of Prime Minister Narendra Modi with US President Donald Trump. (Photo: AP)

Trump’s food: What’s on US President’s menu besides a trade deal

Livemint, New Delhi | By Rashmi Sanyal
UPDATED ON FEB 18, 2020 12:23 PM IST
Trump is a known lover of Diet Coke, McDonald’s and meatloaf.The US president doesn’t drink coffee, tea, or alcohol
Prime Minister Narendra Modi with US President Donald Trump(ANI photo)
Prime Minister Narendra Modi with US President Donald Trump(ANI photo)

India-US trade deal has a chance based on history of last-minute dash to finishing line

Hindustan Times, Washington | By Yashwant Raj
UPDATED ON FEB 18, 2020 10:18 AM IST
The 2010 US support for India’s claim to permanent membership of the UN Security Council was not irreversibly final till 10 or 15 minutes before President Barack Obama and his delegation set out for Parliament in New Delhi where he announced it, overturning a long-running US policy.
President Trump will pay a state visit to India on February 24 and 25 at the invitation of Prime Minister Modi.(PTI File Photo)
President Trump will pay a state visit to India on February 24 and 25 at the invitation of Prime Minister Modi.(PTI File Photo)

India, US ties are unshakeable, says top US diplomat

Washington | By Press Trust of India
UPDATED ON FEB 17, 2020 01:45 AM IST
Ahead of the presidential visit, Alyssa Ayres senior fellow for India, Pakistan, and South Asia at the Council on Foreign Relations think-tank, said that Trump appears to be focused first and foremost on the stadium event and the prospect of very large crowds, then on a trade deal.
The United States is looking for greater access to the Indian market for its dairy producers and makers of medical devices and some other concessions, for a near-term deal, with the larger and more complex issues of a Free Trade Agreement and others kicked down the road to another time.
The United States is looking for greater access to the Indian market for its dairy producers and makers of medical devices and some other concessions, for a near-term deal, with the larger and more complex issues of a Free Trade Agreement and others kicked down the road to another time.

‘If even a tiny Phase 1 deal is not done...’: US on trade pact during Trump visit

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON FEB 14, 2020 01:38 PM IST
A trade deal was seen as the chief goal for the trip when the two sides began planning the presidential trip.
Trump’s trip to India has raised hopes that he would restore some of the country’s US trade preferences, in exchange for tariff reductions and other concessions.(Bloomberg)
Trump’s trip to India has raised hopes that he would restore some of the country’s US trade preferences, in exchange for tariff reductions and other concessions.(Bloomberg)

India offers US dairy, chicken legs to seal elusive trade deal with Trump: Report

New Delhi/Washington | By Reuters
UPDATED ON FEB 14, 2020 09:17 AM IST
India, the world’s largest milk-producing nation, has traditionally restricted dairy imports to protect the livelihoods of 80 million rural households involved in the industry.
FILE PHOTO: The president seemed excited about the visit, especially the rally he is expected to address in Ahmedabad together with Prime Minister Narendra Modi, mirroring the ‘Howdy, Modi’ event the two leaders addressed in Houston. Trump had asked for this event, according to people close to the discussions.(REUTERS)
FILE PHOTO: The president seemed excited about the visit, especially the rally he is expected to address in Ahmedabad together with Prime Minister Narendra Modi, mirroring the ‘Howdy, Modi’ event the two leaders addressed in Houston. Trump had asked for this event, according to people close to the discussions.(REUTERS)

‘Right deal’ or no deal, says Trump on trade pact with India ahead of visit

Hindustan Times, Washington | By Yashwant Raj
UPDATED ON SEP 22, 2020 09:47 PM IST
A trade deal was seen as the chief goal for the trip when the two sides began planning the presidential trip. But a sense of uncertainty has set in now.
The US President is looking at the rally in Ahmedabad as a way to boost his pitch to Gujaratis in the United States, and try to draw the larger Indian-American community away from the Democratic party.(REUTERS)
The US President is looking at the rally in Ahmedabad as a way to boost his pitch to Gujaratis in the United States, and try to draw the larger Indian-American community away from the Democratic party.(REUTERS)

Ahmedabad, Delhi, Agra may be stops on Donald Trump’s India trip

Hindustan Times, Washington | By Yashwant Raj
UPDATED ON FEB 08, 2020 02:07 AM IST
A trade deal is expected to be the crowning achievement of the India visit of Donald Trump, and the two sides are trying to have it ready by then.
The EU’s emergence as an independent pole is good for India(REUTERS)
The EU’s emergence as an independent pole is good for India(REUTERS)

Deepen the partnership with the European Union, writes Shyam Saran

By Shyam Saran
UPDATED ON FEB 03, 2020 09:02 PM IST
There is a strategic, economic, and political convergence between New Delhi and Brussels
President Donald Trump on Wednesday signed the new North American trade pact with Canada and Mexico(REUTERS)
President Donald Trump on Wednesday signed the new North American trade pact with Canada and Mexico(REUTERS)

Donald Trump signs long-awaited North American trade deal

Washington | By Agence France-Presse
UPDATED ON JAN 30, 2020 06:23 AM IST
The USMCA replaces the 1994 North American Free Trade Agreement, or NAFTA, which Trump has long targeted, saying that it resulted in shipping US jobs abroad.
China’s per capita gross domestic product (GDP) crossed $10,000 for the first time in 2019. (Representative image)(AFP)
China’s per capita gross domestic product (GDP) crossed $10,000 for the first time in 2019. (Representative image)(AFP)

China in elite $10,000 per capita GDP club

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON JAN 18, 2020 04:57 AM IST
The Chinese economy grew at 6.1% in 2019, its lowest GDP growth in 29 years. Yet, China’s importance in the global economy cannot be overemphasised.
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