China will hit the Australian industry through trade blocks and cyber attacks, warn intelligence chief and diplomats

China will hit the Australian industry through trade blocks and cyber attacks, warn intelligence chief and diplomats

Canberra/Beijing: The repercussions of the Australian government’s aggressive stance against China may be felt by the industry in the country, was the serious warning issued by the officials in the intelligence and the foreign departments of Australia. China may create obstacles in the trade of the Australian companies and may even resort to cyberattacks, warned […]

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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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Trump accuses European Union to be ‘as bad as China’; Europe retaliates strongly

Trump accuses European Union to be ‘as bad as China’; Europe retaliates strongly

Washington/Brussels: ‘European Union (EU) is as bad as China. What Europe is doing to the United States is horrible. Europe wants to sell their Mercedes in the United States, but the United States cannot sell its cars in Europe. Europe does not even want agricultural products from the United States. At the same time, the […]

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Trade war will trigger worldwide recession, warn Europe and China who have united against the US

Trade war will trigger worldwide recession, warn Europe and China who have united against the US

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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Iran’s people launch protests against its government in an aftermath of US sanctions

Iran’s people launch protests against its government in an aftermath of US sanctions

Tehran: The repercussions of the sanctions imposed by the United States after withdrawing from the Iranian Nuclear Deal are being felt in Iran. Iran took the decision to ban imports of around 1300 items to relieve the pressure on the economy. However, the Iranian trade community and the general public took to the roads to […]

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‘Israel-Greece-Cyprus’ agree to bolster defence cooperation

‘Israel-Greece-Cyprus’ agree to bolster defence cooperation

Larnaca: ‘There is a necessity to unite in order to counter the threat of terrorism and illegal immigrants posed to the Middle East and its surrounding areas,’ in these words the Israeli Defence Minister Avigdor Lieberman underlined the cooperation with countries like Greece and Cyprus. Israel has adopted the policy to establish cooperation with various […]

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Trump threatens Europe with trade war too; will impose 20% tariffs on European cars

Trump threatens Europe with trade war too; will impose 20% tariffs on European cars

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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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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