China’s 10% additional tariff on vehicles with larger engines imported from the US took effect Monday as the two countries failed to reach a deal over the Trump administration’s blanket levy on Chinese goods. The extra tariff went into effect on Monday against goods including vehicles with engines larger than 2.5 liters, according to Chinese…
Trump announced an extra 10 per cent tariff on Chinese goods last week. He threatened more duties if Beijing retaliated. But Xi remained undeterred and unveiled extra 10-15 per cent duties on US energy exports and farm equipment read more The risk of another full-blown trade war between China and the US seems just a…
Washington: US President Donald Trump and Chinese counterpart Xi Jinping are expected to speak by phone on Tuesday, just hours after slapping tariffs on each other’s economies in an escalating trade war. Beijing said it was imposing levies on imports of US energy, vehicles and equipment in a return salvo minutes after Trump’s threatened tariffs…
New Delhi: India’s manufacturing industry is bearing the brunt of a fallout between the United States and China over threats of a trade and tariff war by the incoming Trump administration, and its retaliatory measures imposed by Beijing. In recent years, under its flagship ‘Make in India’ programme, India has seen exponential growth in key…