China’s Ambassador to India Xu Feihong on Monday lashed out at the US for its 50 per cent tariff on India and invited Indian businesses to China to promote their products and invest in Beijing. Talking at a press conference in New Delhi, Xu suggested an open flow of trade between India and China. “We…
US President Donald Trump on Sunday warned that America would be “completely destroyed” without the tariffs he imposed, days after a federal appeals court declared most of them illegal. US President Donald Trump doubles down on tariff defence after court declares them “illegal”.(Bloomberg) “Without Tariffs, and all of the TRILLIONS OF DOLLARS we have already…
Nikki Haley, former US ambassador to the United Nations, on Friday stressed on the importance of India-US relationship, warning that alienating New Delhi at a time of rising Chinese assertiveness would be a ‘strategic disaster.’ Nikki Haley’s remarks come against the backdrop of Trump slapping 50% tariff on Indian goods(AP) Her remarks came in the…
Hong Kong’s economy will expand by between 2 and 3 per cent this year as previously forecast despite worsening geopolitics, with a robust local stock market, stabilised property sector and rising wages sustaining further growth, the government has said. The Census and Statistics Department said on Friday that economic growth for the second quarter was…
Donald Trump’s trade advisor Peter Navarro warned global economies of risk ‘with respect to exposure to China’ and said that if “Chinese vampire” cannot suck the American blood then it will suck the UK and EU blood. Peter Navarro was a key force behind the Trump tariffs, reportedly intended to isolate China, and bring a…