Washington: ‘The United States has not entered a trade war with China because the United States has already lost this war years ago. Our country has lost this war because of the foolish and inefficient people. As of today, the United States loses $500 billion in the trade war with China. Therefore, the United States […]
Read More »
Beijing/Washington: After declaring its preparedness for a trade war with the United States, China has started to pull out its weapons. On Monday, the Chinese commerce department announced imposition of taxes and restrictions on 128 United States products. According to this, the United States products will be taxed up to 25% in excess and it […]
Read More »Beijing: – ‘The United States should not open the Pandora’s Box from which unexpected things might pop out,’ warned the Chinese Commerce Ministry. This warning was issued by the Chinese Commerce Ministry in view of the trade war being sparked between the two countries. Chinese Prime Minister Li Keqiang has clarified that China is willing […]
Read More »New Delhi: India has to bear a deficit of more than $50 billion in the trade with China. Although, India has repeatedly raised the issue, China had chosen to ignore. But now China has acknowledged that the trade deficit with India is increasing and has promised to reduce it. It is clear that the change […]
Read More »Beijing/Washington: By imposing $30 billion tariffs on Chinese exports to the US, President Trump has intensified the trade war amongst the two countries. President Trump has ordered to file a lawsuit at the World Trade Organisation (WTO) against China for violating and stealing the intellectual property (IP) of US firms. China has strongly retaliated by […]
Read More »Berlin: Germany’s ‘Deutsche Bank’ has warned that the aggressive policies adopted by US President Donald Trump will push the world in a deep abyss of recession. Before this, the World Trade Organisation and the International Monetory Fund have also expressed concern about global recession that could trigger due to the US President’s policies. The Deutsche […]
Read More »New Delhi: Indian economy is dependent on imports. Thus, India cannot afford to get into a trade war with its trade partners. Therefore, ASSOCHAM, the apex trade association of India has advised that India should take the negotiations route to resolve the bilateral trade issues. President Donald Trump threatened a trade war against Europe in […]
Read More »Washington : Donald Trump, who has imposed tax on imported Steel and Aluminium has issued a fresh warning of an impending trade war. President Donald Trump warned that if the US goods were targeted in retaliation to the imposition of tax on Steel and Aluminium, then European cars will also be taxed heavily. While criticising […]
Read More »Washington/Brussels/Beijing: United States President Donald Trump gave clear warning of a trade war by imposing tax on the import of steel and aluminium. The warning by Trump has evoked severe reactions from the world over and China, the European Union (EU) and Canada have warned of an equivalent reply to the US. The analysts and […]
Read More »Washington/Beijing: There are indications of a trade war flaring up between US and China, the leading world financial powers. After taxing the agricultural imports from the US, China has now announced levying of tax on the chemical ‘Styrene’ being imported from the US. At the same time, President Trump has criticised the Steel and Aluminium […]
Read More »
