What countries provide the most farm subsidies? Agricultural subsidies are, in part, a recognition of the unique challenges that the agriculture sector faces – but they can also have trade-distorting effects.
Education ranked fifth among all U.S. services exports in 2018. But now travel restrictions due to COVID-19 leaves international students questioning whether to pursue studies abroad or rely on virtual education.
India is one of the United States’ top ten trading partners. But trade deficits continue to be a hot topic for policymakers in both Washington and New Delhi.
The WTO zero-for-zero tariff agreement on trade in health-related products needs to be expanded. Free trade will help promote recovery after COVID-19.
Harley-Davidson wants to grow international sales of its iconic motorcycles. But tariffs have thrown a monkey-wrench into those plans. Tariffs on Harley-Davidson bikes are a sticking point in U.S.-India trade relations.
California almond growers have reason to worry about access to one of their biggest export markets. The Indian government increased tariffs on U.S. shelled almonds by 20 percent and non-shelled almonds by 17 percent in June. The increased cost is forecasted to cause a five percent drop in U.S. almond exports to India, impacting the 6,800 almond growers in California, who are mostly small to medium-size, family-run enterprises.
Turmeric is the new “it” spice. While things are golden for trade in turmeric, less can be said for U.S.-India trade relations as a whole. Tensions have been heating up over the past few years, culminating in the recent announcement from the White House that India could soon be terminated from the U.S. Generalized System of Preferences (GSP) program.