Articles Tagged with ''India''

The Biden administration has all but ruled out tariff-slashing market access deals when it comes to its proposed Indo-Pacific Economic Framework, but the U.S. ag sector still hopes the agreement will include a trade pillar that boosts exports to rapidly growing markets that are home to a patchwork of regulatory restrictions and non-tariff trade barriers.

India’s subsidized wheat and rice stockpiling has made the country’s government a foe of U.S. wheat and rice farmers, but now the country’s prime minister is trying to use the farming crisis in Ukraine to justify its efforts to prop up domestic farmers by saying it could come to the rescue of grain-deprived countries.

Eighty-seven House members have signed a letter urging the Biden administration to focus on improving agriculture trade as it builds foreign relationships under the Indo-Pacific Economic Framework.

American Soybean Association delegates representing states throughout the U.S. voted Saturday to ratify a proposal supporting the U.S. negotiation of a free trade agreement with India and other countries in South Asia to take advantage of rising demand there.

USDA increased its forecast for global wheat stocks despite the war in Ukraine but also cautioned that the Russian invasion had “significantly increased the uncertainty” of agricultural supplies and demand around the world.

India is ready to allow imports of U.S. pork, removing a long-running trade irritant between the two countries, U.S. Trade Representative Katherine Tai and U.S. Agriculture Secretary Tom Vilsack said Monday.

Nations continued to heatedly bicker and complain even in the last days leading up to what was supposed to be the summit for reforming international agricultural trading rules, but the postponement World Trade Organization’s 12th Ministerial Conference gives WTO countries more time to lay the groundwork for consensus.

The U.S. lifted its tariffs on steel and aluminum from the European Union and negotiations are underway to do the same for Japan. Now the Biden administration needs to lift the Trump-era tariffs on steel and aluminum from India, says the U.S. Apple Association.

President Joe Biden’s effort to amass partners for challenging China is taking shape, and U.S. Trade Representative Katherine Tai is working to rekindle ties with historical allies such as Japan, the European Union and the United Kingdom while forging new bonds with countries such as India and Vietnam.

India has blocked the imports of U.S. pork for years, demanding conditions for the trade that the U.S. has not been willing to accept, but the country is now promising to end the regulatory delays, according to the Office of the U.S. Trade Representative.