The two nations have agreed to end a trade dispute. The tariffs were imposed by former US President Donald Trump on national security grounds. The United States announced on Tuesday it would drop Trump-era aluminum and steel...
The United States has agreed to reduce tariffs on EU steel in return for a relaxation of countertariffs on US products, both sides said. Motorcycles, bourbon, peanut butter and jeans may get cheaper in the EU....
In the wake of US tariffs on steel and aluminum, the EU has made several counter moves and has now raised tariffs of its own on steel imports which exceed quotas based on current levels....
Officials from both sides of the Atlantic were unable to reach a deal to avert tariffs two days before the exemption expires. The EU has said it will announce retaliatory measures shortly. US Commerce Secretary...
The EU’s top trade official Cecilia Malmstrom spoke with her US opposite number ahead of a deadline that could see tariffs imposed on EU metal exports. Brussels could impose levies of its own on some...
Opportunity Costs exists in Trade but if trade is seen as a Comparative Cost Advantage theory of Ricardo, its more supplementing rather than complimenting the growth process of each country’s GDP. Ricardo proposed that amongst all...
For various reasons, well beyond the scope of this short note, China has amassed huge industrial capacity, well beyond its ability to absorb. In part, that is one of the challenges that the “One Belt...
South Korean steel giant POSCO’s plant in Orissa has run in to rough weather. Its Environmental clearance has been suspended by National Green Tribunal on Friday. This interim verdict undermines India’s ability to remove the...