Washington, May 8: President Donald Trump has suffered a significant setback as the U.S. Federal Trade Court declared his announcement of a global tariff illegal and has ordered its cancellation. The president had announced a 10% global tariff, but the court ruled that the Trump administration violated its authority under a 1974 trade law. In … Read more
Beijing, May 1: The spokesperson for the Chinese Ministry of Commerce addressed questions from reporters on Friday regarding the recent restrictions imposed by the Federal Communications Commission (FCC) of the United States on testing, certification, and telecommunications. The spokesperson stated that the FCC has abandoned the principle of technology neutrality and has repeatedly imposed restrictions … Read more
New Delhi, May 1: Union Commerce and Industry Minister Piyush Goyal announced on Friday that he held a virtual meeting with Peter Kyle, the UK Secretary of State for Business and Trade. The primary aim of this meeting was to strengthen trade and investment relations between the two countries. Both leaders discussed ways to fully … Read more
