Shortly after China announced that it planned to respond to increasing U.S. tariffs on Chinese goods by imposing retaliatory tariffs of 5 to 10 percent on $75 billion worth of U.S. goods, President Trump "ordered" U.S. companies to pull out of China. "Our great American companies are hereby ordered to immediately...
IPC Concerned on U.S.'s Third Round of Tariffs on China
Dr. John W. Mitchell, president and CEO of IPC, the association connecting the electronics industry, expressed his concerns on the decision of the U.S. government to impose the third round tariffs on about $200 billion worth of Chinese imports. "The United States has longstanding concerns about China’s technology transfer policies....
Trump Approves Sale of Military Drones to India
U.S. President Donald Trump ordered government agencies to expedite and expand arms sales abroad, including exports of advanced drones to reinforce allied armies. The move will benefit India, a "Major Defense Partner", which is seeking to purchase a large number of armed and surveillance drones from U.S.A. The President also...
Global Entrepreneurship Summit Will Showcase U.S.-India Partnership
U.S. Commerce Secretary Wilbur Ross said that the Global Entrepreneurship Summit to be held in Hyderabad, India, will be another demonstration on how India and the U.S. can work together to advance the digital economy and entrepreneurial skills of their citizens. To be hosted jointly by India and the U.S....
India, U.S., to Accelerate Cooperation in the Energy Sector
In the wake of President Trump's and Indian Prime Minister Modi's meeting, the White House released a statement that said, "The United States and India are committed to realizing commercial civil nuclear cooperation, in particular through a contract for six Westinghouse Electric AP-1000 nuclear reactors to be built in Andhra...
India, U.S., to Deepen Defense and Security Cooperation
The U.S. State Department cleared the sale of predator Guardian drones to India, in a deal estimated to be worth $2-3 billion. According to General Atomics, the Predator Guardian UAV, a variant of the Predator B, can be used for wide-area, long- endurance maritime intelligence, surveillance and reconnaissance missions. A joint...