India has agreed to reduce the import tariff on pecans by 70 per cent, said an influential American Senator, who has been campaigning on it for the last one year. Senator Jon Ossoff, who represents Georgia in the US Senate and met seven times with India's Ambassador to the US Taranjit Singh Sandhu over the last year, on Wednesday said that the reduction in tariff on pecans would help the farmers in his constituency. Today I can announce that after a year of painstaking diplomacy, the Indian government will cut that tariff by 70 per cent. This is a huge win for Georgia pecan farmers, and it wouldn't be possible without them, Ossoff said. Ossoff said India's high pecan tariffs have prevented Georgia pecan exports to this market of more than one billion consumers. He thanked US Trade Representative Ambassador Katherine Tai for her steadfast support, Sandhu for his constructive engagement, Senator Warnock for his teamwork, and Georgia's farmers for their perseverance to secure this ...
A US law banning imports from China's Xinjiang province took effect on Tuesday, a move aimed at addressing Beijing's use of forced labour among the Uyghur minority
The reason is that this is the first time that there is no ask from Capitol Hill on economic reforms
The Commerce Department said on Thursday that the trade gap increased 6.7% to $75.7 billion in June, an all-time high
The US announced a ban on the entry of cotton and tomato products from China's Xinjiang region amid allegations that detainee or prison labour from Uyghurs went into making them
In the absence of a negotiated outcome, the EU will be ready to take action in line with the WTO ruling
China's finance ministry said in a statement that tariff reductions for the relevant goods, which were implemented on Sept. 1, will take effect from 0501 GMT on Feb. 14
The new coronavirus has killed more than 250 people and infected nearly 12,000 across the country
Chinese companies will import U.S. agricultural goods according to consumers' need, and demand and supply in the market, Liu told reporters, according to CCTV.
The govt has extended this deadline over half a dozen times since June 2018
The volume of imports eroded the positive effect of an export increase of $212.6 billion, which was $3.1 billion more than in August