Washington/Brussels: US President Donald Trump threatened to impose taxes of nearly $11 billion on the European Union, saying that the European Union has taken undue advantage of the United States, over last many years. Trump issued this threat following the verdict of the World Trade Organisation, given in favour of the United States. The United […]
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Beijing/Canberra: The Chinese relations with Australia and New Zealand have been extremely tense over the lawsuit against Huawei company. On the one hand, the Chinese ports are indicating banning of Australian coal, and on the other hand, the Chinese agencies have warned its people not to choose New Zealand as a tourism option. Both Australia […]
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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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Beijing: While the sale of US bonds by China in the last month was considered to be a warning shot, China has given one more shock to the United States in September. China reduced its investments in USD by 14 billion dollars. This has brought the USD share in the Chinese reserves to 1.15 trillion […]
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Washington: Obama administration had withdrawn sanctions imposed on Iran by signing the nuclear deal in 2015. However, President Donald Trump announced that the US would be imposing sanctions against Iran in full force on November 5. “Going forward, Iran will not get any concession,” warned Trump. It seems that the effects of the warning issued […]
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Washington/Beijing: The United States has maintained its adamant stand by accepting the implementation of taxes on Chinese goods. By saying that China will retaliate against this, the Chinese commerce ministry announced taxation on the imports from the United States. US Secretary of Commerce, Wilbur Ross issued a stern warning that China should remember that the […]
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Beijing: China has warned that the intensifying trade war started by the United States will result in a global economic slowdown. The Chinese economic growth rate has seen a decline for the second consecutive quarter, and it is being attributed to the trade war with the United States. US President, Donald Trump has warned of […]
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Washington/Beijing: The Trump administration has taken a strict stand that the Chinese mobile companies and the Chinese companies that provide related technology are a threat to the security of the United States. Indications are that the entry for China Mobile, known to be a Chinese state-owned undertaking, will be refused entry into the United States […]
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Beijing: China and the European Union have said that they are firmly against unilateral trade policies and trade protectionism and that the international economy may be hit by recession due to such policies. High level trade discussions between China and the European Union were held in Beijing on Monday. Although Europe and China have indicated […]
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Beijing: China is expecting support from India once the trade war starts with the United States. The Chinese government daily, Global Times, has suggested that India and China should jointly counter the United States trade policies. This expectation expressed by the Chinese Government mouthpiece, which has consistently been criticising India otherwise, is suggestive and apparently […]
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