trade act of 1974

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    India-US Trade Framework: Protecting Domestic Interests

    New Delhi, March 27 India and the US have agreed on a framework for an interim trade agreement, and this framework is designed to "protect domestic sensitivities" while creating new export opportunities, the government informed Parliament on Friday.Minister of State for External Affairs Kirti...
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    US Trade Probe Doesn't Signal Trade Deal Suspension

    New Delhi, March 13 The government on Friday rejected reports suggesting that New Delhi might suspend the proposed trade deal with the US in view of the Trump administration launching a new "unfair practices" probe against India and some other countries.The claim that India will hold off the...
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    Trade War Escalates: US Investigates India Over Manufacturing Excess Capacity

    New Delhi, March 12 – The US Trade Representative (USTR) announced on March 11 that it has launched a new round of Section 301 trade investigations targeting the policies and industrial practices of 16 economies, including India and China.Following a decision by the US Supreme Court...
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    Investigation Launched: US Seeks to Address Foreign Trade Practices

    New York, March 12 The US has initiated investigations against its trading partners, including India, China, Japan, and the EU, to examine and address "unfair foreign practices" that negatively impact American manufacturing.United States Trade Representative (USTR) Jamieson Greer announced the...
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    Global Trade Uncertainties Following US Supreme Court Decision

    New Delhi, February 24 – In just over a year since he took office as the 47th President of the United States on January 20 last year, Donald Trump has managed to disrupt the global order several times through frequent changes made using two of his favorite words: trade and tariffs.First, he...
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    Trump Admin Pivot: Treasury Secretary Downplays Tariff Refund Issue

    Washington, February 23 – US Treasury Secretary Scott Bessent has sought to shift the focus away from whether the Trump administration will refund nearly $134 billion collected under now-invalidated emergency tariffs, saying that the Supreme Court's decision was "very narrow" and that the White...
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    Supreme Court Ruling Spurs New Tariff Strategy from Trump

    Washington, February 22 – US President Donald Trump has raised a newly imposed global tariff to 15 percent, invoking Section 122 of the Trade Act of 1974, as reported by The Wall Street Journal. This move escalates his trade offensive a day after the US Supreme Court struck down much of his...
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    Trade Deal Uncertainty: Trump’s Tariff Hike and India’s Response

    Washington/New Delhi, February 21 US President Donald Trump on Saturday announced a hike in tariffs on all countries to 15 per cent from 10 per cent, which was imposed a day earlier.Following a Supreme Court verdict against his earlier sweeping tariffs, Trump on Friday imposed a 10 per cent...
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    Trump Announces Temporary Import Surcharge, India Studies Impact

    Washington/New Delhi, Feb 21 India will face a reduced tariff of 10 per cent from February 24 for 150 days, after US President Donald Trump announced a new global levy on imports into America following a Supreme Court verdict against his earlier sweeping tariffs.The Indian government is...
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    India's Trade Deal with US Sees Tariff Cut Following Supreme Court Ruling

    New York/Washington, February 21 India now faces a lower tariff rate of 10 percent, down from 18 percent, following President Donald Trump’s announcement of a new global levy on goods imported into America in the wake of the Supreme Court ruling against his sweeping tariffs.In a proclamation...
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    USTR Greer Announces Shift in Tariff Tools, Maintains Policy

    Washington, February 21 – US Trade Representative Jamieson Greer said that the Trump administration will continue to implement the President’s trade agenda despite the Supreme Court’s ruling limiting the use of emergency tariff powers, emphasizing that alternative legal tools are already being...
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