Courtesy: Gateway House
Who makes, imposes, administers and collects U.S. tariffs? The U.S. Congress, but for the last several decades, it has been at the discretion of the U.S. President, who has been given tariff-setting authority. Under the International Emergency Economic Powers Act, 1977, U.S. President Donald Trump has imposed reciprocal and universal tariffs on over 60 countries.
Courtesy: Enterprenuer.com
The U.S. strategy to impose steep tariffs on Chinese goods shipped to the U.S. has been puzzling since the tariffs are likely to hurt a large number of American enterprises based in China
Gateway House speaks to Ujal Bhatia, Member, Appellate Body, World Trade Organisation, on the importance of economic diplomacy; India’s assertiveness during trade negotiations; the role of Indian business in the negotiation processes; the relevance of SAFTA; and on ways to boost intra-SAARC trade.
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As negotiations on the India-EU Free Trade Agreement (FTA) continue in New Delhi, Akshay Mathur and Bob Dowling write in the Financial Times and analyse the relevance and impact an FTA would have on both parties. Can creative methods be implemented to break the current deadlock in negotiations?
