Washington, July 24 (IANS) India will face a lower 10 per cent tariff under the Trump administration’s new Section 301 enforcement action on forced labour imports after the United States concluded that New Delhi had adopted a forced labour import prohibition during the course of the investigation, placing it in a more favourable category than dozens of other trading partners.The Office of the US Trade Representative (USTR) announced on Thursday that, at President Donald Trump’s direction, it is …
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Madrid, May 28 (IANS) The US Ambassador to Spain, Benjamin Leon, has urged Spain to be “very careful” about China’s involvement in sensitive sectors like telecommunications, data management and defence. In his first public appearances since assuming office in February, Benjamin Leon warned that China’s growing presence in strategic sectors could pose risks to security, technology and critical infrastructure. He voiced concerns about giving public contracts to companies working with Chinese techn…
Seoul, March 20 (IANS) The Ministry of Trade, Industry and Resources launched on Friday a joint task force with private industries to coordinate responses to the United States’ trade investigations into South Korea over structural excess capacity and forced labour, officials said.Earlier this month, the office of the U.S. Trade Representative (USTR) launched consecutive trade inquiries into South Korea and other major economies to uncover what it calls “unfair” trade practices related to structu…