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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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 […]
Read More »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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Brussels/Beijing : The decision to impose a tax on the import of Chinese steel by European Union has sparked a new dispute. China has expressed strong displeasure over the issue and has questioned the validity of the decision. This is indicating the widening gap between China and the EU countries over trade issues. Last week, it […]
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Washington: The US President Donald Trump has ordered an investigation on steel imports which are being dumped in the US by China and some other countries. He has stressed that this should be investigated as it directly impacts the national security of United States. Whilst signing the commencement orders for this investigation, Trump revealed that this […]
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New Delhi, 26 May (PTI): India to impose ban on imports of milk, dairy products and non-IMEI numbered mobile phones from China declared Union Minister of Commerce Nirmala Sitharaman. She further stated that this ban was due to the substandard quality of these Chinese products .As per the World Trade Organisation regulations ban cannot be […]
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Washington/Taipei – US economist Jeff Ferry said that Taiwan’s leadership in the technology-intensive semiconductor industry and its policy should be exemplary in boosting the US industrial sector. Ferry also warned that the US has lagged by focusing only on businesses in the financial sector. The emphasis should be on strengthening the manufacturing sector, like Taiwan, […]
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Vienna: The agreement between OPEC, the main organisation of the oil-producing countries, and Russia, regarding oil production cut, has fallen through. This caused the international oil rates to tumble and they slid to below $47 per barrel level. A leading analyst and advisory company, from the oil sector, warned that if OPEC members do not […]
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Washington/Beijing: After the warning that the loot China has carried on for many decades needed to stop, President Trump issued clear instructions to the US companies operating in China to exit from the country and relocate elsewhere. As the orders came just ahead of the imposition of tariffs on the entire range of Chinese imports, […]
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Washington: President Trump announced new tariffs on Chinese goods saying that the United States is suffering a loss of $500 billion per year in the trade with China and the United States would not tolerate it henceforth. The blow Trump delivered at a time when the US-China trade negotiations are in the final phases had […]
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