China exempts some US goods from tariffs - Amazon bets on India with huge new building - Carmakers adapt to changing ownership patterns
Washington accuses New Delhi of deploying a wide range of trade barriers that negatively affect US commerce. Media reports say that India could impose higher import duties on US goods in response to Trump's latest move.
India has imposed higher levies on a range of US products after Washington ended key trade privileges for New Delhi. The US accuses India of being a "high-tariff country" that limits access to its gigantic market.
US President Donald Trump moved to end Washington's preferential trade treatment for India and Turkey, affecting billions in exports. India has failed to assure the US on "equitable" access to Indian markets, Trump said.
Germany's car industry association says billions will be spent on electromobility over the next three years to cement the future of the auto sector. Domestic car production is, however, expected to fall this year.
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