Repercussions of the Turkey-US economic war will be felt globally, warn economists

Repercussions of the Turkey-US economic war will be felt globally, warn economists

Ankara: Turkey has decided to retaliate against the taxes imposed on Turkish exports to the United States, in the same manner. The Turkish Vice President announced a big increase in the taxes on the imports from the United States. These include the cars, tobacco and other products. At the same time, the economists have warned […]

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US cannot impose trade sanctions on other countries, claims German Commerce Minister

US cannot impose trade sanctions on other countries, claims German Commerce Minister

Berlin: ‘United States is openly ignoring its partners and the sanctions imposed on Iran are its glaring example. All the other countries should unite with the European countries to stop United States from imposing its own rules on other countries.’ appealed the German Commerce Minister. Germany too should take a more aggressive stance against the […]

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China will not surrender to the US blackmail, Chinese media showered criticism over US President for his claims

China will not surrender to the US blackmail, Chinese media showered criticism over US President for his claims

Beijing/Washington: Strong reactions have been received against the United States’ claims of its action of imposing taxes being successful. The claims of the US President are just empty optimism and China will not surrender before the United States’ blackmail, warned the Chinese media. As the Chinese media is controlled by the communist regime, this allegation […]

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China threatens to impose taxes on imports of US goods worth $60 billion

China threatens to impose taxes on imports of US goods worth $60 billion

Beijing: China has retaliated to the US President, Donald Trump’s threat of imposing additional taxes of 25% on goods imported from China worth $200 billion. China has retaliated with a warning that taxes varying between 5% and 25% will be imposed on goods worth $60 billion imported from the United States. This warning by China […]

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The Time has come to show Trump his place, claims EU commissioner Hogan

The Time has come to show Trump his place, claims EU commissioner Hogan

Brussels: It is necessary to take a harsh stance to retaliate against the trade war started by President Trump and the time has come to show Trump his place, warned Commissioner of the European Union, Phil Hogan. While aggressive warnings are being issued from the European Union, President Trump also has indicated the hardening of […]

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Sanctions against Iran & trade war could trigger a surge in crude oil prices up to $120, claim analysts

Sanctions against Iran & trade war could trigger a surge in crude oil prices up to $120, claim analysts

Washington: The experts and analysts in the oil sector have claimed that crude oil rates could rise up to $120 due to the sanctions imposed by the United States on Iran and the trade war in the global economy. The oil supply from Iran has declined since the European and Asian countries have taken steps […]

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US to increase 10% tax on Chinese goods worth $200 billion

US to increase 10% tax on Chinese goods worth $200 billion

Washington: US President, Donald Trump has threatened to tax Chinese imports worth $200 billion. US trade representative, Robert Leitheiser gave this information and indicated that the taxes will be implemented from September. The implementation of the taxes imposed on Chinese goods worth $34 billion has already started and in the next few days, the recovery […]

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Against the backdrop of trade war with the US, China and Germany strike multi-billion-dollar trade cooperation deals

Against the backdrop of trade war with the US, China and Germany strike multi-billion-dollar trade cooperation deals

Berlin: While the trade war with the United States is intensifying, China has challenged the United States by establishing independent trade cooperation with Germany. Germany and China have signed a trade deal worth $ 23.5 billion for cars, mobile phones and other sectors and leaders of both the countries have criticised it as cooperation against […]

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US President, Donald Trump threatens to impose trade tariffs on Chinese import worth $500 billion

US President, Donald Trump threatens to impose trade tariffs on Chinese import worth $500 billion

Washington: ‘If China takes action against the US for imposing trade tariffs, it will further impose tariff of more than $500 billion on China’, warned US President, Donald Trump. The trade tariffs imposed by the US on Chinese imports worth $34 billion was implemented since Friday. Since the US also has warned to impose tariffs […]

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