All articles tagged with #us trade talks
South Korean President Lee warns that accepting current U.S. investment demands without safeguards could trigger a financial crisis similar to 1997, amid stalled trade negotiations and tensions over military and diplomatic issues with North Korea, China, and Russia.
Former Finance Secretary Subhash Garg criticizes US claims of Indian profiteering from Russian oil, stating the actual savings are minimal and used as a political tool. He notes India has effectively walked away from US trade negotiations due to high tariffs and urges reconsideration of rigid policies, especially regarding Chinese investment and imports. Garg dismisses calls for boycotts of US goods as impractical and counterproductive.
Japan and the US have experienced a breakdown in trade negotiations after seven rounds, with the US imposing new tariffs on Japanese auto exports, leading to economic concerns and strained diplomatic relations, despite initial hopes for a smooth deal.
Gold prices declined as traders reacted to US trade policy signals, including potential tariffs on BRICS nations, amid ongoing negotiations and geopolitical tensions, with the metal still up significantly for the year due to safe-haven demand.
Canada has decided to rescind its digital services tax on US tech companies to facilitate the restart of trade negotiations with the US, which had been strained by the tax and US threats of tariffs. The move aims to improve economic relations and avoid retaliation, with the tax originally intended to target large multinational tech firms operating in Canada.
Canada has rescinded its digital services tax to facilitate renewed trade negotiations with the US, after Trump criticized the tax as unfair to US tech companies, aiming to reach a deal by July 21.
Canada has rescinded its digital services tax targeting US tech firms to facilitate stalled trade negotiations with the US, aiming to reach a deal by July 21, amid tensions over tariffs and digital tax disputes.