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U.S. suspends tariffs on U.K., India, EU nations in digital tax dispute


The decision will last for six months.
The U.S. government announced on Wednesday it is suspending for six months any punitive tariffs on Britain, India and four European nations while it works to resolve a dispute over digital services taxes.
The United States is focused on finding a multilateral solution to a range of key issues related to international taxation, including our concerns with digital services taxes, U.S. Trade Representative Katherine Tai said in a statement. ....

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Vaccine shipments, legal hurdles on Jaishankar's agenda


Vaccine shipments, legal hurdles on Jaishankar’s agenda
Updated:
Updated:
Minister is due to meet U.S. officials on sharing stockpile, early EUA.
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Minister is due to meet U.S. officials on sharing stockpile, early EUA.
Ironing out issues over procuring more vaccines for Indians, including the U.S. demand for indemnity and early Emergency Use Authorisation, is expected to dominate the agenda as External Affairs Minister S. Jaishankar began a series of meetings in Washington over Thursday and Friday, with the U.S. government and industry groups on COVID-19 related issues.
Officials, however, stressed that vaccine procurement is not the “only agenda” for the EAM’s visit as discussions on the Indo-Pacific, Quad cooperation and strategic issues will also take place. However, a substantial part of Mr. Jaishankar’s discussions with the U.S. State Department will focus on requests for Washington to share its stockpile of AstraZeneca vac ....

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Will not hesitate to call out China's coercive trade practices: US Trade Rep


Will not hesitate to call out China s coercive trade practices: US Trade Rep
ANI |
Updated: May 14, 2021 09:30 IST
Washington DC [US], May 14 (ANI): United States Trade Representative Katherine Tai on Thursday said that Washington will not hesitate to call out China s coercive trade practices and added that Washington welcomes the trade competition but it must be fair.
Speaking before a committee hearing on the Biden administration s trade policy agenda, Tai said, We will not hesitate to call out China s coercive and unfair trade practices that harm American workers, undermine the multilateral system, or violate basic human rights. We are working towards a strong, strategic approach to our trade and economic relationship with China. ....

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