US-EU trade war may spark off if Trump gets re-elected as President – a US website claims

US-EU trade war may spark off if Trump gets re-elected as President – a US website claims

Washington/Brussels – Media and political groups are expressing a great possibility of Donald Trump of the Republican Party winning again in the presidential elections in the US at the end of this year. Trump and his allies have prepared a plan to impose additional taxes on imports from the European Union. Against this background, a […]

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China intensifies trade war against Australia to increase oil imports from Turkmenistan

China intensifies trade war against Australia to increase oil imports from Turkmenistan

Beijing – The trade war between China and Australia has intensified further. China decided to reduce the import of natural gas from Australia and instead increase imports from the central Asian country of Turkmenistan. Only last week, China indefinitely postponed the discussions regarding an economic agreement with Australia. China is known to be the largest […]

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Australia-China trade war erupts 

Australia-China trade war erupts 

Canberra/Beijing: – Trade war has been sparked between Australia and China and China has given indications of stopping the import of seven Australian products. Although China has not announced the decision on the official level, it has ordered the Chinese industry to stop imports of Australian products. These include prawns, coal, wood, sugar, copper, barley […]

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Indication of China-Australia trade war after US 

Indication of China-Australia trade war after US 

Canberra/Beijing: – While there are indications that the United States is preparing to intensify the conflict against China, analysts have given signs of a new trade war flaring up between China and Australia. Analysts warned that the threats issued by China, over the last few months and restrictions imposed on imports from Australia, along with […]

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Indications of a new flareup in US-Europe trade war, President Trump threatens to impose taxes

Indications of a new flareup in US-Europe trade war, President Trump threatens to impose taxes

Davos: US President Donald Trump has threatened that ‘Europe is fully aware that if they do not sign a proper and a fair trade agreement with the United States, we can impose taxes on them.’ This threat by Trump indicates a new flareup of a trade war between the two leading economies of the world. […]

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US-China trade war could culminate into war, warns senior US statesman Henry Kissinger

US-China trade war could culminate into war, warns senior US statesman Henry Kissinger

Beijing: “If a conflict is permitted to run unconstrained, the outcome could be even worse than it was in Europe. World War I broke out because of a relatively minor crisis … and today the weapons are more powerful,” warned former US Secretary of State and senior Statesman Henry Kissinger. While addressing the symposium ‘Bloomberg […]

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New flareup in US-Europe trade war, European airplanes, machinery, coffee and many other products taxed between 10 and 25%

New flareup in US-Europe trade war, European airplanes, machinery, coffee and many other products taxed between 10 and 25%

Washington/Brussels: After receiving the verdict from the World Trade Organisation (WTO), the United States has decided to levy taxes on the European Union. These US taxes have caused a new flareup in the trade war between the two largest economies of the world. US President Donald Trump welcomed the verdict of the WTO and justified […]

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US-China Trade war-a big blow to the global economy in 2020, warns the International Monetary Fund

US-China Trade war-a big blow to the global economy in 2020, warns the International Monetary Fund

Washington/ Beijing: The ongoing trade war between US-China is no longer a mere threat to the global trade war crisis. The impact of this war on the economy is already visible,’ saying, so the International Monetary Fund has predicted a decline in the global economy next year by 0.8 %. For the second time in […]

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Major decline in Chinese bilateral trade, against the background of intense trade war with US

Major decline in Chinese bilateral trade, against the background of intense trade war with US

Beijing/Washington: China, refusing to retreat in the trade war against the United States, has been hit by a major decline in trade. In August, Chinese imports declined by 22%, and exports declined by 16%. Local sources informed that along with the United States, Chinese exports at the international level also have reportedly declined by 3%. […]

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