US Tariffs and Unfair Trade Practices: A Deep Dive into Global Market Dynamics
The USTR highlights global trade barriers affecting US exports, spotlighting ten 'unfair practices,' including India's ethanol import ban. US tariffs and trade barriers exacerbate issues as officials seek a balanced trade agreement amid escalating global market concerns.
- Country:
- United States
With U.S. President Donald Trump's tariffs starting to take effect, the United States Trade Representative (USTR) has identified ten 'unfair trade practices' affecting American exporters. Among these is India's ban on American ethanol imports, which the USTR claims impedes market access for U.S. ethanol, potentially adding $414 million in annual exports if lifted.
In its 2025 National Trade Estimate Report, the USTR criticizes India's ethanol import policies. The report details the complexities of acquiring an import license through India's Ministry of Commerce and Industry, and notes broader restrictions on biofuel imports. This issue is part of wider discussions between U.S. and Indian officials seeking to amend trade relations amid heightened tariffs.
Beyond India, the USTR exposes challenges in other major economies, including tariff and quota systems in Japan and disadvantageous carbon regulations in the EU, collectively suggesting a troubling global landscape for U.S. exporters. Amid these challenges, U.S. and Indian officials, including Secretary of State Marco Rubio and External Affairs Minister S. Jaishankar, aim for a balanced trade agreement that navigates these disputes.
(With inputs from agencies.)
ALSO READ
Global Markets Rise as BOJ's Rate Hike Shakes Yen
Global Markets React to BOJ Rate Hike and Technology Surge
Global Markets Surge Amid Rate Hikes and Optimistic Tech Outlook
Global Markets Stabilize: Inflation Eases and AI Sentiments Rebound
Global Market Reactions: Impact of Japan's Interest Rate Hike

