US Trade Representative (USTR) Katherine Tai said in a statement on Wednesday that the final determination in the one-year Section 301 investigations of DSTs adopted by the six countries is to impose additional tariffs on certain goods from these countries, reports Xinhua news agency.Tai,
US suspends tariffs on 6 nations for digital service tax negotiations
By IANS |
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Washington, June 3 : The US announced that it will impose tariffs on certain goods from Austria, Britain, India, Italy, Spain and Turkey over disputes on Digital Service Taxes (DSTs), while noting that it will suspend tariffs for six months for multilateral negotiations.
US Trade Representative (USTR) Katherine Tai said in a statement on Wednesday that the final determination in the one-year Section 301 investigations of DSTs adopted by the six countries is to impose additional tariffs on certain goods from these countries, reports Xinhua news agency.
Xinhua world economic news summary at 0930 GMT, June 3
Xinhua
03 Jun 2021, 19:44 GMT+10
BEIJING China and the United States have started normal communications in the fields of economy and trade, agreeing on joint efforts to solve some specific problems in a practical way, the Ministry of Commerce (MOC) said Thursday. Commenting on the recent video talks between Chinese and U.S. officials, MOC spokesperson Gao Feng said communications between the two sides had a smooth start. (China-U.S.-Trade) - - - - BANGKOK Thailand s House of Representatives on Wednesday approved in principle a 3.1 trillion baht (about 99.7 billion U.S. dollars) budget bill for 2022 fiscal year.
Digital tax row: US suspends proposed tariffs against India, 5 other countries mybigplunge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mybigplunge.com Daily Mail and Mail on Sunday newspapers.
USA is Indias major export market for gem and jewellery products. Exports of around US$9.3 billion goes to the USA market accounting for 25.6% of the total gem and jewellery exports of US$36 billion from the country.