All of China’s $500 billion imports to be taxed, threatens US President Donald Trump

All of China’s $500 billion imports to be taxed, threatens US President Donald Trump

Washington: US President Donald Trump indicated imposition of taxes on all of the imports from China saying, ‘My actions are not merely political. The action against China is meant to guard the United States’ interests. It has taken advantage of the United States in bilateral trade since the past several years. Therefore, I am willing […]

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US to increase 10% tax on Chinese goods worth $200 billion

US to increase 10% tax on Chinese goods worth $200 billion

Washington: US President, Donald Trump has threatened to tax Chinese imports worth $200 billion. US trade representative, Robert Leitheiser gave this information and indicated that the taxes will be implemented from September. The implementation of the taxes imposed on Chinese goods worth $34 billion has already started and in the next few days, the recovery […]

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Two US destroyers sail through Taiwan Strait

Two US destroyers sail through Taiwan Strait

Taipei: While the tensions between the United States and China are escalating, two US destroyers have challenged China by sailing through the Taiwan Strait. The mainland has been claiming that Taiwan is an integral part of China and had also objected to the military cooperation between the United States and Taiwan. Therefore, the sailing of […]

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US prepares to ban China Mobile claiming threat to national security

US prepares to ban China Mobile claiming threat to national security

Washington/Beijing: The Trump administration has taken a strict stand that the Chinese mobile companies and the Chinese companies that provide related technology are a threat to the security of the United States. Indications are that the entry for China Mobile, known to be a Chinese state-owned undertaking, will be refused entry into the United States […]

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India sends a positive message to China by reducing import taxes on Chinese goods

India sends a positive message to China by reducing import taxes on Chinese goods

New Delhi:  India has substantially reduced import tariffs on 3142 goods imported from China and four other Asian Countries. Only last week, China had reduced import tariffs on 8549 goods imported from Asian countries including India. These included agricultural produce, medical items and chemicals imported from India. China had expressed an expectation that India should […]

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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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G7 conference ends in disarray as Trump withdraws from joint statement

G7 conference ends in disarray as Trump withdraws from joint statement

Quebec/Washington: Accusing that the Canadian Prime Minister is dishonest and weak, US President Donald Trump announced withdrawal from the joint communique of the G7 conference. The Canadian Prime Minister while talking at a press conference, had announced that the G7 group had agreed on the necessity of free and mutually beneficial trade, and resistance against […]

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