India on Monday vowed to buy more industrial goods from the United States, days after Prime Minister Narendra Modi's U.S.

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President Donald Trump is likely to dust off a 1930 trade law largely forgotten for decades to back his new reciprocal U.S.

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The United States is not so much retreating into isolationism as much as it’s acting as a great power with its own economic interests at heart.

Overall, the U.S. trade-weighted average tariff rate has been about 2.2%, according to World Trade Organization data, compared with India's 12%.