logo
Mexico says US trade talks include concerns over intellectual property, antitrust regulator

Mexico says US trade talks include concerns over intellectual property, antitrust regulator

The Sun6 days ago
MEXICO CITY: Mexico's discussions with the U.S. on tariffs include concerns over intellectual property and the country's anti-trust regulator, Economy Minister Marcelo Ebrard said on Thursday.
Speaking to journalists, he added that the points of contention should be addressed under the upcoming review of the U.S.-Mexico-Canada (USMCA) trade agreement - REUTERS
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Indian PM Modi vows to protect farmers as Trump builds tariff pressure
Indian PM Modi vows to protect farmers as Trump builds tariff pressure

The Star

timean hour ago

  • The Star

Indian PM Modi vows to protect farmers as Trump builds tariff pressure

On top of an existing 25 per cent levy on goods from India, US President Trump imposed an additional 25 per cent tariff to penalise India for buying oil from Russia. - Photo: Reuters NEW DELHI: Prime Minister Narendra Modi pledged to safeguard the interests of farmers, a day after President Donald Trump doubled tariffs on Indian goods, with pressure mounting on New Delhi to open up its markets to US exports. The welfare of farmers remain the country's top priority, Modi said at a conference in New Delhi. The government is constantly working to boost their incomes, lower cultivation costs, and diversify their sources of livelihood, he said on Thursday (Aug 7), without making any direct reference to Trump's move to raise tariffs on Indian goods to 50% as a penalty for India's Russian oil purchases. His commitment to protect farmers comes as Washington wants greater market access for its dairy products and genetically modified crops. It underscores New Delhi's efforts to protect a politically-sensitive sector, while managing stalled trade talks and potential domestic backlash. "Our government has considered the strength of farmers as the foundation of the nation's progress,' Modi said. "For us, the welfare of our farmers is the highest priority.' The world's top milk producer and the second-biggest grower of rice, wheat, sugar and cotton doesn't allow cultivation of GM food crops, even though those varieties can boost yields. The commercial release of genetically altered mustard has been stalled due to a legal challenge in the country's top court, and in 2010, the government rejected a GM variety of brinjal, or eggplant. However, India is weighing to ease some dairy market access rules for the US, Bloomberg News reported earlier. Currently, the South Asian nation prohibits the import of dairy products if the cattle were given feed made from animal-derived ingredients. The country has a Hindu majority, and cows are considered as sacred. Farmers are a major voting bloc in the most-populous nation, where millions of smallholders own less than 2 hectares (5 acres) of land. "India will never compromise' on the interests of its farmers, fishermen and the dairy sector, Modi said. - Bloomberg

Kuwait oil minister says OPEC monitoring market, Trump remarks on Russian oil
Kuwait oil minister says OPEC monitoring market, Trump remarks on Russian oil

The Star

timean hour ago

  • The Star

Kuwait oil minister says OPEC monitoring market, Trump remarks on Russian oil

FILE PHOTO: A view shows a pressure gauge near oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer/File Photo KUWAIT (Reuters) -Kuwait's Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U.S. President Donald Trump's recent remarks on Russian oil. "Through OPEC, we are monitoring the market in terms of supply and demand, and we are monitoring the U.S. President's statements," Al-Roumi told reporters, adding that he expects oil prices to be below $72 per barrel. The minister described the market as healthy, with demand growing at a moderate pace. Oil prices slid about 1% to an eight-week low on Wednesday after U.S. President Donald Trump's remarks about progress in talks with Moscow created uncertainty over whether the U.S. would impose further sanctions on Russia. Trump has threatened additional sanctions on Moscow if no moves are made to end the war in Ukraine. Washington imposed on Wednesday an additional 25% tariff on Indian goods, citing New Delhi's continued imports of Russian oil. (Reporting by Ahmed Hagagy, Writing by Ahmed ElimamEditing by Louise Heavens)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store