The interim US-India trade framework offers cautious relief for Indian auto component exporters, but industry bodies say clarity on Section 232 and reciprocal tariffs is needed to assess impact.

(Bloomberg) -- French President Emmanuel Macron said in a Financial Times op-ed that placing tariffs and quotas on Chinese imports would be “an uncooperative answer” to address its trade imbalance with the European Union. He wrote that a rebalancing ...

India will grant duty concessions on automobiles and offer market access for alcoholic beverages under a trade pact with the US. Tariffs on $30.94 billion of Indian exports will be reduced, with reciprocal tariffs on $10.

In his State of the Union address, Trump spoke about tariffs and their role in driving economic success, saying they strengthen the U.S. economy. He added that tariffs would “substantially replace” income taxes.