US-China Trade War intensifies: US imposes tariffs on $50 Bn Chinese exports while China to impose duties on 128 US products

US-China Trade War intensifies: US imposes tariffs on $50 Bn Chinese exports while China to impose duties on 128 US products

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 […]

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Trade war will push the world into recession, warns Deutsche Bank

Trade war will push the world into recession, warns Deutsche Bank

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 […]

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India should avoid getting into trade war, advices ASSOCHAM, an apex chamber of Indian commerce and industry

India should avoid getting into trade war, advices ASSOCHAM, an apex chamber of Indian commerce and industry

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 […]

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