Trade war escalates as Trump announces 10% tax on Chinese imports of $ 200 billion, China warns of retaliation

Trade war escalates as Trump announces 10% tax on Chinese imports of $ 200 billion, China warns of retaliation

Washington/Beijing: As China has still not acceded to the United States’ urge for fair and reciprocal treatment in trade, US President Donald Trump announced imposition of 10% tax on Chinese imports worth $ 200 billion. At the same time, President Trump has warned that if China retaliated against this tax, another $ 267 billion worth […]

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US prepares to impose tax on Chinese imports worth $ 267 billion, threatens President Trump

US prepares to impose tax on Chinese imports worth $ 267 billion, threatens President Trump

Washington: US President Donald Trump has threatened to impose tax on goods worth $ 267 billion imported from China. The implementation  of imposed tax on Chinese goods worth $ 200 billion may be announced on short notice and the plan for the subsequent imposition of tax on goods worth $ 267 billion also is ready, […]

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US President indicates intensifying trade war, prepares to levy $200-billion tariffs on Chinese imports

US President indicates intensifying trade war, prepares to levy $200-billion tariffs on Chinese imports

Washington: US President Donald Trump has completed preparations to impose import tax on Chinese goods worth a staggering $200 billion. President Trump has already instructed the administration accordingly, and new sanctions are likely to be announced next week. International analysts claim that the indications by Trump will mark a decisive phase in the trade war […]

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Trump prepares to impose taxes on Chinese imports worth $ 200 billion, China accuses US President of blackmail

Trump prepares to impose taxes on Chinese imports worth $ 200 billion, China accuses US President of blackmail

Washington/Beijing: Warning that the United States will not tolerate China or any other country taking undue advantage in trade, US President Donald Trump threatened to impose taxes on import of goods worth $ 200 billion from China. Only last week President Trump had announced imposition of a 25% tax on imports of goods from China […]

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Pressure rises on Chinese economy – decline in imports & lack of expected growth in exports raise worldwide concern   

Pressure rises on Chinese economy – decline in imports & lack of expected growth in exports raise worldwide concern   

Beijing: Concerns are expressed worldwide due to China’s reduced imports and lack of expected export growth. Since China’s economy is closely linked to the global economy, economists have warned that whatever happens in China will have international consequences. At the same time, economists also warned that China’s economy is currently facing great danger. Therefore, the […]

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New law to prevent imports of cheap ‘Chinese’ products into Europe

New law to prevent imports of cheap ‘Chinese’ products into Europe

Strasbourg: New law has been passed to prevent import of cheap Chinese products into European countries. It was passed by 554 votes to 48 against, in the European parliament’s session on Wednesday. It was finalized after last month’s discussion amongst the European council members and the parliament. Although, the European Union (EU) in the past […]

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India’s global influence is independent of the United States – Chinese govt mouthpiece claims

India’s global influence is independent of the United States – Chinese govt mouthpiece claims

Beijing – India has started purchasing large quantities of fuel and weapons from Russia. According to the claim made by the United States, human rights are being crushed in India. Yet, ignoring this claim, the United States is developing strategic cooperation with India. Besides, vigorous preparations have been initiated for Prime Minister Modi’s visit to […]

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