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India, US decide to end six trade disputes at WTO; Delhi to lift retaliatory tariffs

India and the United States have agreed to settle six trade disputes at the World Trade Organisation, and New Delhi will eliminate retaliatory customs duties on 28 US items. US exporters will benefit from spreading agricultural products within India, while Indian exporters will get key tax advantages. The US and India have also agreed to terminate tariffs on certain steel and aluminium products, respectively, imposed by each nation in response to national security grounds. ....

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India agrees to drop retaliatory tariffs on some US ag exports

India marked Prime Minister Narendra Modi’s visit to the White House and Capitol Hill this week by agreeing to cut tariffs that it imposed on some U.S. farm goods five years ago in retaliation for U.S. tariffs on Indian steel and aluminum imports, the Office of the U.S. Trade Representative said Thursday. ....

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USTR Files Dispute Settlement with Mexico and Ag Exports Forecast Down - AG INFORMATION NETWORK OF THE WEST

U.S. Trade Representative files dispute settlement under USMCA in response to Mexico’s ban on biotech corn, and USDA says America’s ag exports in fiscal year 2023 are forecast down $3.5 billion from the February forecast. ....

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