Berlin: While the trade war with the United States is intensifying, China has challenged the United States by establishing independent trade cooperation with Germany. Germany and China have signed a trade deal worth $ 23.5 billion for cars, mobile phones and other sectors and leaders of both the countries have criticised it as cooperation against […]
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Ottawa/Washington: The trade war sparked by President Trump is intensifying by the day. After China and the European Union (EU) targeted the United States by imposing taxes on US products, Canada has now jumped into the fray and imposed tariffs as well. After warning that Canada will not retreat, the Canadian Foreign Minister, Chrystia Freeland […]
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Beijing: China and the European Union have said that they are firmly against unilateral trade policies and trade protectionism and that the international economy may be hit by recession due to such policies. High level trade discussions between China and the European Union were held in Beijing on Monday. Although Europe and China have indicated […]
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Washington: ‘It is being said that the trade war with China will be beneficial for the United States economy. But in reality, the effects of the trade war will prove to be disastrous for the US. This trade war will increase the dollar supply but the demand will decline,’ claimed investor Peter Schiff, who is […]
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Beijing: China is expecting support from India once the trade war starts with the United States. The Chinese government daily, Global Times, has suggested that India and China should jointly counter the United States trade policies. This expectation expressed by the Chinese Government mouthpiece, which has consistently been criticising India otherwise, is suggestive and apparently […]
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Washington: The European Union should immediately remove tariffs imposed on the United States as well as barriers in its trade, else 20% tariffs will be slapped on the cars imported from Europe to the United States, warns US President, Donald Trump. He further added that the EU should consider manufacturing cars in the United States […]
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Washington/Paris/Ottawa: US President Donald Trump has decided to impose trade tariffs on its allies, Canada and Mexico as well, along with the European Union. On Thursday, the US Secretary of Commerce Wilbur Ross announced imposition of taxes on the imports of steel and aluminium from Canada and Mexico along with the European Union. There have […]
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Paris: ‘The fresh taxes imposed by the United States on the import of Steel and Aluminium from Europe are totally unjust and dangerous for global development. The decision about initiating a trade war with Europe, which is the closest and largest trade partner of the United States, lies entirely with the United States. The United […]
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Paris: The European analysts have warned that the United States and Europe are on the brink of a trade war. If the United States does not announce concessions for the Steel and Aluminium industries from Europe, a trade war is inevitable, as per these analysts. They have also expressed confidence that a solution can be […]
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Washington: The United States seems to have reaped the benefits of the agreement signed between the main organisation of oil-producing countries, OPEC and Russia for raising oil prices. Russia and OPEC had signed an agreement to reduce oil production with the objective of creating a hike in oil prices. The United States has taken advantage […]
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