The US trade representative has stressed certain commercial policies which they deemed “unfair”, in particular the ban on India on American ethanol imports. This occurs while the US Secretary of State Marco Rubio and the Indian Minister of Foreign Affairs Subrahmanyam Jaishankar held an appeal to discuss “fair and balanced trade relations”.
The USTR has listed 10 “unfair commercial practices” by business partners faced by American exporters.
“India prohibits imports of American ethanol for the use of fuel. Similarly, Thailand restricts imports of fuel ethanol, requiring approval and emission permits, and has not approved an import permits for fuel ethanol since 2005. Securing market access to India and Thailand for American export exports, he said.
Meanwhile, on Monday, Rubio and Jaishankar discussed American prices on India after the announcement of President Donald Trump last week on the taxation of a basic tariff of 10% on all imports in the United States as well as higher homework in several countries, causing global market concerns and confusion between American allies. The United States has imposed prices of 26% on Indian imports.
The conversation aimed to progress towards a fair and balanced commercial relationship, as the US State Department said. Earlier Monday, Jaishankar mentioned on social networks that he had spoken with Rubio about the early conclusion of a bilateral trade agreement.
They also discussed the end of an early bilateral agreement.
For China, the USTR has said that more than 100,000 US Chinese manufacturing flags are sold each month on a single electronic commercial platform, which has led to losses of 2 million dollars in sales as well as job losses. It also highlighted Angola’s Restriction On import licenses for Beef, Pork and Poultry Products, Japan’s 10.5 per cent Tariff on Seafood, Eu’s Deforestation-Free Supply Chain Regulation (EUDR) and its carbon border Mechanism (CBAM), Illegal Logging and South America, Particularly in Brazil, Peru, Colombia, and Ecuador, Algeria’s Restrictions on Generic Pharmaceuticals and Medical Devices, 50% price of Kenya on American corn imports and the importation of importation of Nigeria in 25 categories of different products.
