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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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claimed that the taxes imposed on the Chinese goods during former US President Donald Trump’s tenure would not be withdrawn.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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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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US President announces sanctions against Chinese apps TikTok and WeChat

US President announces sanctions against Chinese apps TikTok and WeChat

Washington: US President announced sanctions against the main Chinese apps TikTok and WeChat. President Trump, through an executive order, issued on Thursday night, announced that both these apps have been a timeline of 45 days. On Wednesday, US Secretary of State, Mike Pompeo, announced a ‘Clean Network Program’ to reduce the Chinese influence in the […]

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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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China pressurising India to participate in RCEP, India prepares to reply

China pressurising India to participate in RCEP, India prepares to reply

New Delhi: India has refused to sign the ‘Regional Comprehensive Economic Partnership’ (RCEP) agreement. After this, China has increased cooperation with other regional countries to pressurise India to sign the agreement. While China has been taking these efforts, India has initiated steps to get the status ‘Generalised System of Preference’ (GSP) reinstated from the United […]

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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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