India Bole: Trade war between US and China rises
News Nation Bureau 16 April 2018, 07:43 PM
India Bole: China rejected the US' demand to cut down trade deficit by $100 billion as "unviable" and announced plans to impose retaliatory tariffs worth $50 billion on 106 American products, including soybeans, cars and small aircraft. Following this, United States President Donald Trump stepped up his trade war rhetoric with China, seeking USD 100 billion in additional tariffs on Chinese products. Trump's USD 100 bn tariff imposition on Chinese imports is in addition to the proposed 25 per cent import tariffs worth USD 50 billion on some 1,300 Chinese products being imported into the US.
Top Stories
Goa Power Minister Nilesh Cabral making excuses like schoolboy who forgot his homework: Satyendar Jain
Aam Aadmi Party will contest elections on its own: Raghav Chadha
Bhagwant Mann moves adjournment motion for fifth time seeking discussion for repeal of farm laws
Dozens of leaders leaving Congress, Akali Dal and LIP join AAP, with hundreds of associates
Navjot Singh Sidhu must apologise for humiliating ‘annadatas’: Kultar Singh Sandhwan
Indian Air Force's Sarang Helicopter displays team performance At MAKS-2021