US will not withdraw taxes imposed on Chinese goods: US Trade Representative

US will not withdraw taxes imposed on Chinese goods: US Trade Representative

Washington: US Trade Representative claimed that the taxes imposed on the Chinese goods during former US President Donald Trump’s tenure would not be withdrawn. US Trade Representative Katherine Tai said that withdrawal of China’s taxes could negatively affect the US economy. While indications of a softer stand regarding China are being received from the Biden […]

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Biden should make efforts to stop the trade conflict spreading venom between the US and Europe: French Foreign Minister

Biden should make efforts to stop the trade conflict spreading venom between the US and Europe: French Foreign Minister

Washington/Paris: French Foreign Minister, Jean Vyes Le Drian, appealed that President-elect Joe Biden should make efforts to stop the trade conflict between the United States and Europe, which is spreading venom in the US-Europe relations. At the end of last year, the Trump administration had declared to impose taxes on the goods imported from Europe. […]

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China suffers blackouts consequent to trade sanctions against Australia

China suffers blackouts consequent to trade sanctions against Australia

Beijing/Canberra: – It has been revealed that the Chinese population is suffering the effects of the trade embargo imposed by the Chinese communist regime against Australia. Last year, the Chinese communist regime ordered the blacklisting of Australian coal. Accordingly, the coal imports from Australia were stopped, spelling trouble for many of the Chinese thermal power […]

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Africa makes Free Trade bloc functional

Africa makes Free Trade bloc functional

Accra/Washington: – Africa has implemented the free trade agreement, from the 1st of January 2021, against the background of killer epidemics like Ebola and Coronavirus, terrorism and ethnic conflict. Senior official Wamkele Mene announced that the agreement was active saying ‘African Continental Free Trade Area is not only a trade agreement but important means for the development […]

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Four new trade routes open between India and Bhutan

Four new trade routes open between India and Bhutan

New Delhi: – Four new trade routes have been opened between India and Bhutan. These trade routes will connect Bhutan with Nagarkata in West Bengal, Agartala in Tripura, and Jogighopa and Pandu in Assam. A permanent custom station also has been set up at Nagarkot, from where all materials can be transported. Before this, only specified materials could be transported […]

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15 countries sign the ‘RCEP’ agreement started with Chinese initiative: Claimed to be the biggest trade agreement in the world

15 countries sign the ‘RCEP’ agreement started with Chinese initiative: Claimed to be the biggest trade agreement in the world

Beijing: 15 countries, along with China, signed the ‘Regional Comprehensive Economic Partnership’ (RCEP) agreement, in a virtual meeting held on Sunday. China had presented the concept eight years ago. But after that, two leading countries, India and the United States had decided to withdraw from the agreement. The signing of this agreement, becomes significant, while […]

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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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After US-Taiwan infrastructure deals, US senators demand trade agreement with Taiwan 

After US-Taiwan infrastructure deals, US senators demand trade agreement with Taiwan 

Washington/Taipei: – The United States and Taiwan signed an important agreement for the development of infrastructural facilities in the Latin American and south-east Asian countries. It is said that this agreement has been made to reduce the dependence of these Asian and Latin American countries, on China. The movements for a trade agreement also have […]

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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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