Topic
trade dispute
Trade Canadian PM Mark Carney Rules Out Retaliatory Tariffs Before August 19 Deadline
Canadian Prime Minister Mark Carney stated that Canada will not impose retaliatory tariffs before the August 19 deadline set by US President Donald Trump's proposed 50% tariffs. He described advance retaliation as 'counterproductive' and emphasized ongoing negotiations. The tariffs target a broad range of Canadian exports, with an estimated impact of C$28 billion annually.
Trade GTRI Questions US 10% Section 301 Tariff on Indian Exports, Says Measure Lacks Credible Evidence
Global Trade Research Initiative (GTRI) has questioned the US 10% Section 301 tariff on Indian exports, stating it lacks credible evidence of forced labour. India had amended its Foreign Trade Policy in June 2026 to prohibit forced labour imports, reducing the proposed tariff from 12.5%. Around 70% of India's exports to the US will now face MFN duty plus the 10% tariff, while 8% face existing Section 232 duties.
Trade Trump Imposes 50% Tariffs on Canadian Goods Retaliating for US Farmer Treatment
US President Donald Trump has imposed a 50% tariff on a wide range of Canadian imports, citing unequal treatment of US farmers, cars, dairy, and alcohol. The White House confirmed the duties will take effect in 30 days, marking a major escalation in trade tensions.
Trade Trump Imposes New 50% Tariffs on $20 Billion in Canadian Imports Using Section 338
President Trump on Monday announced new 50% tariffs on roughly $20 billion worth of Canadian imports using Section 338 of the Tariff Act of 1930. The duties, effective in 30 days, target Canadian goods after allegations of discrimination against U.S. autos, dairy, and alcohol. Exemptions include energy, critical minerals, and products already covered under Section 232.
Trade Baroness Mone Among Individuals Sued to Recover PPE Medpro Millions
Baroness Michelle Mone and her husband Doug Barrowman are among individuals being sued by joint liquidators from Interpath Advisory to recover millions owed to the UK government by PPE Medpro. The government won a £122m plus interest judgment last year over breached contracts for sterile surgical gowns. The company was liquidated in December 2025 with less than £1m in assets, prompting legal action against six individuals and five companies.
Trade India to Contest US Tariff Move, Calls Forced Labour Findings Legally Flawed
India is set to challenge proposed US tariffs on exports before the USTR next week, arguing that forced labour findings are legally flawed. The government and industry bodies have submitted responses asserting that India's domestic legal regime and compliance systems adequately prevent forced labour, and the additional 12.5% tariff under Section 301 would harm both Indian exporters and American businesses and consumers.
Trade USTR's Sec 301 Probe on Forced Labour: India Urges Reconsideration of Proposed 12.5% Tariffs
India has formally requested the U.S. Trade Representative to reconsider proposed 12.5% tariffs under a Section 301 forced labour investigation, arguing the USTR failed to conduct economy-specific analysis and provided insufficient evidence of unfair advantage. The proposed tariffs target 54 economies, including India and China, with a 10% rate for six economies and 12.5% for 48 others. Public hearings were held on July 7, 2026.
Trade WTO to set up dispute panel in China's case against India's solar, IT goods measures
The WTO has agreed to set up a dispute settlement panel to examine China's complaint that India's tariffs and incentive measures on solar energy and information technology products discriminate against Chinese goods. India had previously blocked China's first request in May, but the second request was accepted at a WTO meeting in Geneva. The panel will assess whether India's measures comply with its WTO commitments.
Trade Australians Take UN Case Claiming Coal and Gas Exports Violate Human Rights
A group of ten Australians has filed a legal claim with the UN Human Rights Committee, arguing that Australia's continued export of coal and gas violates their human rights by contributing to extreme weather events. This is the first such claim since the International Court of Justice ruled in 2025 that countries can be sued for climate change. The claimants include a wildlife ecologist, a blind flood survivor, and an Indigenous elder.
Trade China Rejects Indian Red Chilli Cargoes Over Pesticide Residues, Suspends Three Exporters
China has rejected at least three consignments of Indian dried red chillies and suspended three Indian exporters over traces of methamidophos, a pesticide residue. The move follows similar rejections of Indian rice and signals heightened scrutiny on food safety. India's chilli exports to China grew 31% in 2024-25 to 2.36 lakh tonnes, according to The Hindu Business Line.