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  • India seeks new preferential treatment from US on drugs, other goods Jul 20, 2020 08:07 PM IST

    India seeks new preferential treatment from US on drugs, other goods

    India accounts for 40 percent of US generic drug imports, including the anti-malarial hydroxychloroquine, touted by US President Donald Trump in the fight against the coronavirus.

  • Piyush Goyal likely to hold meeting with US Commerce Secy Ross on July 14 via video conferencing Jul 09, 2020 09:59 PM IST

    Piyush Goyal likely to hold meeting with US Commerce Secy Ross on July 14 via video conferencing

    The meeting also assumes significance as both the countries are negotiating a bilateral trade deal to boost two-way commerce.

  • US officials see EU, British trade deals in 2020, not India Jan 23, 2020 10:20 PM IST

    US officials see EU, British trade deals in 2020, not India

    US Commerce Secretary Wilbur Ross and US Treasury Secretary Steven Mnuchin said in several television interviews that they expected to finalize agreements with those allies in 2020.

  • Donald Trump committed to Asia, says US commerce secretary Wilbur Ross Nov 04, 2019 09:25 AM IST

    Donald Trump committed to Asia, says US commerce secretary Wilbur Ross

    U.S. Commerce Secretary Wilbur Ross spoke at a business forum, part of the annual leaders' summit of the Association of Southeast Asian Nations.

  • Piyush Goyal, Wilbur Ross discuss ways to boost trade, economic ties Oct 03, 2019 10:25 PM IST

    Piyush Goyal, Wilbur Ross discuss ways to boost trade, economic ties

    The meeting assumes significance as India and the US are negotiating a bilateral trade deal to boost two-way commerce.

  • US to provide licenses for sales to Huawei if national security protected Jul 09, 2019 07:40 PM IST

    US to provide licenses for sales to Huawei if national security protected

    Speaking at an annual department conference in Washington, Ross affirmed that the company would remain on the Entity List, meaning that licenses would likely be denied, but also offered an opening for some to be approved.

  • Building on Wilbur Ross's recent visit, USTR delegation may meet Commerce Ministry officials next week May 27, 2019 04:04 PM IST

    Building on Wilbur Ross's recent visit, USTR delegation may meet Commerce Ministry officials next week

    "Continuing the ongoing process of discussions and talks, USTR officials are expected to come down next week to take forward the talks held last week," a senior government official told Moneycontrol.

  • Trade Talk | Is Donald Trump winning the trade war? May 08, 2019 08:14 AM IST

    Trade Talk | Is Donald Trump winning the trade war?

    Although there was no doubt about the implication of higher tariffs, new research has once again made it clear that no country stands to gain from trade wars.

  • Harley, Visa, Mastercard, Amazon and Walmart at the centre of Trump’s trade push May 07, 2019 04:46 PM IST

    Harley, Visa, Mastercard, Amazon and Walmart at the centre of Trump’s trade push

    Trump’s biggest objection is the growing trade imbalance. India enjoys a trade surplus with the US, which he wants reversed

  • US Commerce Secretary Wilbur Ross says India's trade policies are restrictive May 07, 2019 02:50 PM IST

    US Commerce Secretary Wilbur Ross says India's trade policies are restrictive

    US had notified in March that India did not qualify for the Generalized System of Preferences benefits under their updated eligibility criteria.

  • E-comm policy, data localisation figure in Indo-US meet; GSP not discussed May 06, 2019 09:55 PM IST

    E-comm policy, data localisation figure in Indo-US meet; GSP not discussed

    Although India has said the withdrawal of GSP benefits by the US will not impact domestic exporters, local industry has demanded for continuation of the incentives.

  • US Commerce Secretary Wilbur Ross to meet Suresh Prabhu on May 6 Apr 30, 2019 09:06 PM IST

    US Commerce Secretary Wilbur Ross to meet Suresh Prabhu on May 6

    Issues such as withdrawal of GSP benefits by Washington are expected to come up for the discussion.

  • Indo-US biz dialogue: Wilbur Ross to participate via video conference Feb 14, 2019 08:15 AM IST

    Indo-US biz dialogue: Wilbur Ross to participate via video conference

    "US Ambassador to India Kenneth Juster will lead the discussions for the India US CEO Forum and commercial dialogue," it said in a statement.

  • India's new status will benefit US manufacturers: Wilbur Ross Aug 02, 2018 09:22 AM IST

    India's new status will benefit US manufacturers: Wilbur Ross

    India became the only South Asian nation to get designated as a Strategic Trade Authorisation-1 (STA-1) country by the US earlier this week. The granting of STA-1 status to India comes after the US recognised it as a "Major Defence Partner" in 2016.

  • Giving tax concessions to countries does not make sense: US Mar 05, 2018 08:15 AM IST

    Giving tax concessions to countries does not make sense: US

    "Think about it, we have unilaterally given away all kinds of concessions ever since the end of World War II. And in the beginning that was probably good policy to rebuild Europe and rebuild Asia after the ravages of the war," Ross told ABC News.

  • Wilbur Ross says reports he didn't disclose ties to Putin-linked firm are 'totally wrong' Nov 06, 2017 05:01 PM IST

    Wilbur Ross says reports he didn't disclose ties to Putin-linked firm are 'totally wrong'

    Millions of documents of recently leaked documents reportedly show that Ross did not disclose an interest in a shipping company called Navigator Holdings, a company that has a business relationship with SIBUR.

  • Leaks show US commerce chief Wilbur Ross, UK queen's offshore investments Nov 06, 2017 07:59 AM IST

    Leaks show US commerce chief Wilbur Ross, UK queen's offshore investments

    It was also revealed that Canadian Prime Minister Justin Trudeau's top fundraiser and senior advisor Stephen Bronfman, heir to the Seagram fortune, moved some USD 60 million to offshore tax havens with ex-senator Leo Kolber.

  • US commerce secretary hopeful about Donald Trump-Xi Jinping trade talks Sep 27, 2017 09:56 AM IST

    US commerce secretary hopeful about Donald Trump-Xi Jinping trade talks

    The US tycoon regularly bashed China during last year's presidential election campaign, accusing it of unfair trade practices, stealing US jobs and threatening to label it a currency manipulator.

  • US, China agree to cooperate on deficit in first trade talks under Trump Jul 20, 2017 08:06 AM IST

    US, China agree to cooperate on deficit in first trade talks under Trump

    Commerce Secretary Wilbur Ross and Treasury Secretary Steven Mnuchin had opened the talks between the world's top two economies with tough demands for a more "fair, equitable and reciprocal" relationship, with more access for American- made goods and services.

  • US Commerce's Ross says 3% GDP growth not achievable this year May 10, 2017 07:30 AM IST

    US Commerce's Ross says 3% GDP growth not achievable this year

    The GDP target "is certainly not achievable this year," Ross told Reuters in an interview. "The Congress has been slow-walking everything. We don't even have half the people in place."

  • Arun Jaitley takes up H-1B visa issue with US Commerce Secretary Apr 21, 2017 07:15 AM IST

    Arun Jaitley takes up H-1B visa issue with US Commerce Secretary

    During the meeting here -- the first cabinet-level interaction between the two countries under the Trump administration -- Ross is believed to have said that US has started the process of reviewing H1B visas issues and no decision has been taken on it yet, sources said.

  • US wants trade to dominate economic talks with Japan: Source Apr 13, 2017 09:01 AM IST

    US wants trade to dominate economic talks with Japan: Source

    Japan wants to keep the bilateral dialogue, to be led by Vice President Mike Pence and Deputy Prime Minister Taro Aso and starting next Tuesday, focused on economic policy, energy, infrastructure investment, and the rules of trade.

  • US already in trade war: Commerce Secretary Mar 09, 2017 07:46 AM IST

    US already in trade war: Commerce Secretary

    President Donald Trump has threatened to impose unilateral tariffs on goods imported from Mexico and China, criticized Germany for its surplus, pulled out the 12-nation Trans-Pacific Partnership, and pledged to renegotiate the North American Free Trade Agreement.

  • Wilbur Ross resigns from ArcelorMittal Board Mar 01, 2017 07:40 PM IST

    Wilbur Ross resigns from ArcelorMittal Board

    "ArcelorMittal's Board of Directors has taken note of Wilbur Ross' resignation from the Board as a consequence of his confirmation as US Secretary of Commerce. The Board congratulates Ross on his new role," the company said in a statement.

  • Trump names China-critic Lighthizer as US trade representative Jan 03, 2017 10:20 PM IST

    Trump names China-critic Lighthizer as US trade representative

    US President-elect Donald Trump today roped in Regan-era official and fierce China critic Robert Lighthizer as his trade ambassador who will be in charge of negotiating deals and engaging in trade relationships with other countries.

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