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Cashing in on e-scooter excitement

Jul 16, 2019

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Marketplace Morning Report
Trade showdown

Pompeo to visit India during a brewing U.S.-India trade war

Ben Bradford Jun 21, 2019
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From left, then-U.S. Secretary of Defense Jim Mattis and U.S. Secretary of State Mike Pompeo pose with Indian Foreign Minister Sushma Swaraj and Indian Defense Minister Nirmala Sitharaman in New Delhi in 2018. Pompeo visits India next week.
PRAKASH SINGH/AFP/Getty Images

U.S. Secretary of State Mike Pompeo will visit India next week to discuss the two countries’ security partnership, but it comes as their trade partnership is fraying. Last year, the United States slapped tariffs on Indian steel and aluminum. India then restricted American e-commerce companies like Amazon. This month, the U.S. stripped the country of a special trade status, and India retaliated this week with new tariffs on American fruits and nuts. While not directly related to the trade dispute, Pompeo’s visit could help smooth it over.

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