US will declare a trade war against the European Union over the issue of tax on Harley-Davidson, threatens President Trump

US will declare a trade war against the European Union over the issue of tax on Harley-Davidson, threatens President Trump

Washington/Brussels: Claiming that the Harley Davidson company is suffering major losses because of the taxes imposed on its motorcycles,by the European Union, President Trump threatened to initiate a trade war against the Union, in retaliation. Only two weeks ago, President Trump had warned of imposing taxes worth billions of dollars, against the European Union. This […]

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Japan and the US hold independent talks with China against the background of economic slowdown and trade war

Japan and the US hold independent talks with China against the background of economic slowdown and trade war

Tokyo/Beijing/Washington: The major agencies of the world have been warning that the global economy has been heading towards a recession. This recession could hit all the major economies of the world, and all the concerned countries have initiated measures to counter the threat. Japan, the third largest economy of the world has started taking rapid […]

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China increases gold purchase, takes its reserves to 1,874 tonnes amid the trade war with the US

China increases gold purchase, takes its reserves to 1,874 tonnes amid the trade war with the US

Beijing: Against the backdrop of repeated jolts received by the economy and the uncertainty in the trade war with the United States; China has increased its Gold purchases. The Chinese Central Bank has purchased Gold for the third successive month, taking the total official gold holdings to 1,874 Tonnes. This consistent purchase of gold by […]

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Internal pressure rises on Chinese President Jinping because of trade war, Huawei case and Xinjiang

Internal pressure rises on Chinese President Jinping because of trade war, Huawei case and Xinjiang

Beijing: Analysts have claimed that the challenges faced by Chinese President Xi Jinping are increasing because of the slide in the economy, trade war with the United States and the international criticism on the issues of Huawei and Xinjiang. Meeting of the ruling Communist party started on Sunday, and the parliamentary session is scheduled to […]

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Due to severe economic shocks, China in a weak position in the trade negotiations with the US, claim analysts

Due to severe economic shocks, China in a weak position in the trade negotiations with the US, claim analysts

Beijing: The negotiations to resolve the trade war between the United States and China have claimed to be entered the final stage. However, it is at this stage that China has been receiving jolts one after the other that makes it weak in the trade negotiations, as per analysts. Both the important parameters of the […]

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US objects to the gold trade between Turkey and Venezuela, UAE also to purchase gold from Venezuela

US objects to the gold trade between Turkey and Venezuela, UAE also to purchase gold from Venezuela

Washington/Caracas/Ankara: The Venezuela factor has added to the already reigning differences between the United States and Turkey over the Syrian conflict. Maduro government has decided to sell the gold reserves to Turkey following the economy hitting the rock-bottom. However, the United States has expressed strong discontent over this trade. At present, the Venezuelan economy has […]

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Exhausted by the trade war, China will soon sign a deal with US, indicates US President

Exhausted by the trade war, China will soon sign a deal with US, indicates US President

Beijing/Washington: ‘China and the development of trade with it,isheading in the right direction. Soon a deal will be signed between the United States and China,’ indicated US President Trump. It has come to the fore that in the last 28 years, the performance of the Chinese economy has been the worst this year. At the […]

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US and China will establish new economic ties putting trade war behind them: Senior Statesman Henry Kissinger

US and China will establish new economic ties putting trade war behind them: Senior Statesman Henry Kissinger

Washington: While the US-China trade war intensifies, senior US Statesman Henry Kissinger has forecast the trade war would soon end. Kissinger said the United States and China would put the dispute behind them and start a new economic relationship. He made the statement while speaking at an event of the think tank, the ‘National Committee […]

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