Washington/Beijing: ‘The United States will be imposing 25% tax on the Chinese imports worth $200 billion. If China retaliates we will take a bigger action. The US has more bullets than China for the trade war,’ was the stern warning issued by President Trump. US Secretary of Commerce, Wilbur Ross had recently retorted that China […]
Washington: ‘The value of Chinese goods imported into the United States are almost four times the United States’ exports to China. Therefore, by now, China is out of bullets in the trade war,’ was the pointed remark made by the US Secretary of Commerce. China has announced the imposition of tax on US imports worth […]
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 […]
Washington/Beijing: China will lose out about 5.5 million jobs due to the trade war initiated by US President, Donald Trump, 5.5 million Chinese jobs will be lost, was the sensational claim made by the economists at JP Morgan Chase. Since the last two months, reports of partial collapses in the Chinese economy were being received […]
Beijing: US President, Donald Trump recently announced imposition of taxes on Chinese imports worth $267 billion. China seems to have panicked after this announcement. Therefore, China has organised a meeting of top executives from the US banking and finance sector. The meeting is scheduled to be held on the 16th of September in Beijing and […]
Beijing: The ruling Communist government in China as well as the Chinese media have consistently claimed that China will not succumb to the pressures of the trade war started by the United States. However in reality, the factors that are considered to be the backbone of the Chinese economy are seen to have been majorly […]
Washington: US President Donald Trump has completed preparations to impose import tax on Chinese goods worth a staggering $200 billion. President Trump has already instructed the administration accordingly, and new sanctions are likely to be announced next week. International analysts claim that the indications by Trump will mark a decisive phase in the trade war […]
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 […]
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 […]
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 […]