- Tag results for US tariffs
Trade differences between India and the United States have risen since President Donald Trump took office, but India's decision to further delay comes as the two countries negotiate to remove friction
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.15 per cent in early trade but Japan's Nikkei bucked the trend to gain 0.4 per cent.
Trump on Monday imposed 10 per cent tariffs on about $200 billion worth of Chinese imports and threatened to levy duties on about $267 billion of additional Chinese goods if Beijing retaliates.
The dollar rose against a basket of major currencies overseas, with investors cautiously awaiting news on the implementation of US tariffs on an additional USD 200 billion of Chinese imports.
The Washington Post and Wall Street Journal said US President Trump had decided to impose 10 percent levies on USD 200 billion of Chinese imports and could make an announcement in the coming days.
The fresh tariffs are aimed at putting pressure on Beijing ahead of tough negotiations on its demand for technology transfer from US companies.
Chinese factories making everything from bikes to tyres, plastics and textiles are moving assembly lines abroad to skirt higher customs taxes on their exports to the United States and elsewhere.
In April, Ford announced plans to stop making cars in the United States -- except for the iconic Mustang -- and to focus on more profitable SUVs.
The company's US-made hardware products have taken it to become a USD 1 trillion company but those products are built in China which, in turn, creates thousands of jobs.
The President said that the US should get paid for securing the wealthy countries from the outside harm.
Trump has threated to slap tariffs on virtually all of China's exports to the United States.
With no debate, the Senate unanimously passed a bill that would cut or eliminate tariffs on toasters, chemicals and roughly 1,660 other items made outside the United States.
European Union Trade Commissioner Cecilia Malmstrom said in an interview with Swedish newspaper Dagens Nyheter that she hoped a solution is found and "things wouldn't go that far."
According to an official statement by the finance ministry, Kim asked Mnuchin that S Korean vehicles be excluded from the new tariffs the White House is planning to impose on national security ground
The tit-for-tat duties are a response to the punishing US steel and aluminum tariffs imposed at the start of June.