India  

A section of WTO nations question India's farm input subsidies

IndiaTimes Monday, 27 May 2024
WTO members, including the US and the UK, raise concerns over India's $48 billion farm subsidies for 2022-23, citing inflation and fertilizer costs. India defends the increase, stating it notified the WTO and the subsidies are for power, irrigation, and fertilizers. Developing countries can provide such subsidies under WTO rules. The US criticizes the amount, highlighting India's push to reduce developed nations' subsidies.
0
shares
ShareTweetSavePostSend
 

💡 newsR Knowledge: Other News Mentions

World Trade Organization World Trade Organization Intergovernmental trade organization

Global environment expediting India-EU FTA talks, good progress in last round: Envoy

India and the EU aim to conclude their Free Trade Agreement (FTA) negotiations by the end of 2025. Both sides are determined to resolve differences over import..
IndiaTimes
China Accuses U.S Of ‘Two-Faced’ Policies, Vows Retaliation Against Tariffs, Sanctions Amid Tensions [Video]

China Accuses U.S Of ‘Two-Faced’ Policies, Vows Retaliation Against Tariffs, Sanctions Amid Tensions

China has accused the US of pursuing “two-faced” policies, slamming Washington for imposing tariffs despite Beijing’s efforts to cooperate on global issues. Chinese Foreign Minister Wang Yi warned that China will “resolutely counter” pressure as tensions escalate. In response, China has imposed its own tariffs on US goods and taken the dispute to the WTO. The trade war, which began in 2018 under Trump, continues to disrupt global markets. Beijing insists it won’t tolerate suppression while Washington cites concerns over trade imbalances and fentanyl flows. #China #USChinaRelations #TradeWar #Tariffs #Sanctions #USChinaTensions #WTO #EconomicWar #FentanylCrisis #TrumpTariffs #TechWar #TradeDispute #Washington #Beijing #USSanctions #ChinaRetaliation #BreakingNews #GlobalMarkets #EconomicPolicy #SupplyChain ~ED.102~HT.336~GR.344~

Credit: Oneindia    Duration: 03:30Published
Trump Trade War: 'One Country, Two Systems' Not Anymore? US Hits Hong Kong with China-Level Tariff [Video]

Trump Trade War: 'One Country, Two Systems' Not Anymore? US Hits Hong Kong with China-Level Tariff

Hong Kong is up in arms after the U.S., under Trump’s trade policies, imposed a 10% tariff on its exports—treating the region just like mainland China! Officials are calling it a direct attack on "One Country, Two Systems," as goods from Hong Kong are now forced to bear a "Made in China" label. With Hong Kong preparing to challenge the move at the WTO, the trade war is heating up once again! Will this push Hong Kong further into Beijing’s grip? #HongKong #USChinaTradeWar #TrumpTariffs #MadeInChina #OneCountryTwoSystems #TradeWar #Geopolitics #WTO #HongKongTrade #BreakingNews ~HT.318~ED.102~GR.125~PR.274~

Credit: Oneindia    Duration: 03:01Published
EU holds cards when negotiating with Trump on tariffs, says ex-WTO chief Lamy [Video]

EU holds cards when negotiating with Trump on tariffs, says ex-WTO chief Lamy

There's a range of options for the EU to open trans-Atlantic negotiations to persuade US President Donald Trump not to slap harmful tariffs on EU goods, the former EU trade commissioner and WTO chief told Euronews.

Credit: euronews (in English)    Duration: 12:00Published

You Might Like


Related news from verified sources

'Will not have to use force, demands to merge with India will come from PoK': Defence minister Rajnath Singh

Discussing India's position on Pakistan-Occupied-Kashmir (PoK), defense minister Rajnath Singh emphasized that India would not resort to force to reclaim it. He...
IndiaTimes

World counting on India for Ukraine truce: Swiss diplomat

Swiss state secretary invites India to contribute to peace in war-torn Ukraine at a major summit on June 15-16. India's potential role emphasized due to its...
IndiaTimes

Indian high commissioner Jha meets Sri Lanka's marxist JVP party members

India's High Commissioner in Sri Lanka, Santosh Jha, held talks with the Marxist JVP party in Colombo to discuss bilateral initiatives and developments in India....
IndiaTimes