Topic
protectionism
Trade Conservative group AFP targets Jones Act repeal with six-figure ad campaign
Americans for Prosperity (AFP), the advocacy group backed by conservative billionaire Charles Koch, is launching a six-figure digital ad campaign urging Congress to permanently repeal the Jones Act. The century-old law requires U.S.-built, -owned, -crewed, and -flagged ships for domestic cargo transport. President Trump suspended the law for 90 days amid the Iran crisis, which AFP argues shows the law is outdated and costly.
Trade India Protecting Industry from Unfair Trade Practices of Certain Countries: Piyu
Commerce and Industry Minister Piyush Goyal stated that India is protecting its domestic industry from unfair trade practices of certain countries, including overcapacity and dumping. He noted that the EU, US, and UK are also safeguarding their steel industries. Goyal added that the WTO is currently not very effective, necessitating bilateral actions, and highlighted India's recent FTAs and investment commitments.
Trade US Proposes New Tariffs on India Amid Trade Talks
The US Trade Representative has proposed new tariffs on India under Section 301, citing unfair trade practices. This move comes during ongoing trade negotiations between the US and India.