The US and India have issued a joint statement on an interim trade framework that resets bilateral economic ties, cuts US tariffs on Indian goods to 18 percent, and delivers early market-access gains ahead of a full Bilateral Trade Agreement (BTA).
The US is set to roll back tariffs on Indian exports from 50 percent to 18 percent within days, according to the commerce minister. The signing of a joint statement, expected between February 11 and 13, 2026, will activate the first phase of the India–US trade framework.
On December 31, 2025, Trump signed a proclamation delaying the increase in tariffs on upholstered furniture, kitchen cabinets, and vanities for another year.
Agreements reached during the Prime Minister's visit to China are modest, but the trip marks a pivotal moment in warming UK-China ties.
After a year of upheaval, China and the US have settled into an uneasy but enduring truce. However, unresolved political, regulatory, and security tensions continue to shape the outlook for the year ahead.
The 2026 tariff schedule seeks to support development of key industries while upholding commitments under China's free trade agreements.
US–Vietnam trade continues to grow, with key states leading most of the activity. Vietnam depends on US exports for production inputs, forming an integrated trade network supported by major transport hubs.
The current landscape of US-China tariff rates is complex, with multiple overlapping trade measures in effect. This article explains which tariffs apply in 2025 and how they intersect.
2024 trade data highlights uneven state-level exposure to China and underscores how shifting trade dynamics create varying levels of economic impact across the country.
The meeting in Busan produced a series of trade de-escalation measures, including tariff reductions and the suspension of rare earth export controls and port fees, offering temporary relief to businesses.
China has imposed new restrictions on the export of certain rare earth products, extending oversight to items produced abroad using Chinese technology and materials, potentially further disrputing global supply chains.
The US-Vietnam Framework for an Agreement on Reciprocal, Fair, and Balanced Trade outlines a deeper integration plan beyond tariff changes.
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