FxWirePro: Daily Commodity Tracker - 21st March, 2022 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
The ongoing trade tensions between the United States and China is not bearing well for the U.S. oil companies, which initially witnessed a surge in oil imports from China as the Chinese government worked to please the U.S. President Donald Trump by increasing imports of oil and products in order to reduce the trade deficit.
However, according to data from JODI, after receiving more than 15 million barrels of oil from the United States in June period and receiving 12 million barrels of crude oil in July, Chinese imports of U.S. crude has come to a grinding halt in August for the first time in two years.
This year, the United States and China have imposed tariffs on $360 billion worth of bilateral trade already and the trade tensions are still brewing.
