Trade war escalates as Trump announces 10% tax on Chinese imports of $ 200 billion, China warns of retaliation

Trade war escalates as Trump announces 10% tax on Chinese imports of $ 200 billion, China warns of retaliation

Washington/Beijing: As China has still not acceded to the United States’ urge for fair and reciprocal treatment in trade, US President Donald Trump announced imposition of 10% tax on Chinese imports worth $ 200 billion. At the same time, President Trump has warned that if China retaliated against this tax, another $ 267 billion worth […]

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All of China’s $500 billion imports to be taxed, threatens US President Donald Trump

All of China’s $500 billion imports to be taxed, threatens US President Donald Trump

Washington: US President Donald Trump indicated imposition of taxes on all of the imports from China saying, ‘My actions are not merely political. The action against China is meant to guard the United States’ interests. It has taken advantage of the United States in bilateral trade since the past several years. Therefore, I am willing […]

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India sends a positive message to China by reducing import taxes on Chinese goods

India sends a positive message to China by reducing import taxes on Chinese goods

New Delhi:  India has substantially reduced import tariffs on 3142 goods imported from China and four other Asian Countries. Only last week, China had reduced import tariffs on 8549 goods imported from Asian countries including India. These included agricultural produce, medical items and chemicals imported from India. China had expressed an expectation that India should […]

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