Trade War
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Trump, European Commission President Jean-Claude Juncker announce deal to end trade war
World | Jul 26, 2018, 07:29 AM ISTTrump said that he has reached an agreement with the EU to work together toward a policy of "zero" tariffs and trade barriers.
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India may be fifth largest economy by next year with its growth rates, says Arun Jaitley at NABARD event
India | Jul 12, 2018, 02:15 PM ISTReferring to the ongoing trade war between super powers US, China, Jaitley said that the situation is causing an economic imbalance in the world.
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Trade war: China says tit-for-tat US tariffs will ‘destroy’ trade between world’s top two economies
World | Jul 11, 2018, 09:53 AM IST"Companies in both countries will suffer losses. There is no winner in a trade war,” said assistant minister of commerce Li Chenggang.
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Harley-Davidson plans to make more motorcycles outside US to avoid trade war
Business | Jun 26, 2018, 08:43 AM ISTThe company has assembly plants in Australia, Brazil, India and Thailand as well as in the US. It said it would raise investment in its international plants, though it did not say which ones.
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India hits back at US for tariff hike, raises import duty on certain American products
Business | Jun 21, 2018, 03:22 PM ISTThe move was in retaliation to the duty hike by the US on certain steel and aluminium products which had tariff implication of USD 241 million on India. The duty hike by India would have an equivalent tariff implications for the US.
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Upping ante, US president threatens new tariffs on Chinese goods
Business | Jun 19, 2018, 06:55 AM ISTTrump said that if China responds to this fresh round of tariffs, then he will move to counter “by pursuing additional tariffs on another $200 billion of goods.”
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Tit-for-tat: China slaps additional tariffs on USD 50 billion worth of US goods
Business | Jun 16, 2018, 01:25 PM ISTThe Chinese government has decided to impose additional duties of 25 per cent on 659 items of US products worth about USD 50 billion
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Trade tensions: Trump approves tariffs on USD 50 billion worth of Chinese goods
Business | Jun 15, 2018, 02:53 PM ISTA formal announcement is expected to be made by the US Trade Representatives today with a notification in the Federal Register in the coming weeks. The move is likely to attract retaliatory action by China.
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US Pres Trump refuses to endorse G7 statement, terms Canadian PM Trudeau 'dishonest and weak'
World | Jun 10, 2018, 06:36 AM ISTIn an extraordinary set of tweets aboard Air Force One, on its way to Singapore for next week’s summit with North Korea’s Kim Jong Un, Trump lashed out just as Canada released the G7′s official communique.
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Escalation of global trade war likely to hit Indian stock indices
Business | Mar 26, 2018, 07:24 AM IST"Though India may not get much of a direct impact, the collateral damage could be in the form of adverse impact on the overall sentiment."
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India's export subsidy programmes hurt American workers, US tells WTO
Business | Mar 15, 2018, 06:45 AM ISTThe US Trade Representative (USTR) argued that at least half a dozen Indian programmes provide financial benefits to Indian exporters, which allow them to sell their goods more cheaply to the detriment of American workers and manufacturers.
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Trade war has no winners: Chinese president at World Economic Forum
World | Jan 17, 2017, 07:57 PM ISTChinese President Xi Jinping is pressing his case for free trade, arguing that economic globalization has powered worldwide growth and improved the lives of millions of people. In an opening address to World Economic Forum
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India to suffer due to US-China trade war, says Assocham
Jan 08, 2017, 04:47 PM ISTThe Associated Chambers of Commerce of India (ASSOCHAM) on Sunday said that India may suffer collateral damage to its economy if it finds itself in the crossfire in the escalating trade war triggered by US