The impact of the US-China Trade war
It is highly unlikely, that any tangible solution to the Trade war between Beijing and Washington will emerge in the short run. In May 2019, Trump increased the tariffs on commodities worth 200 Billion USD,...
Tagged: tariffs
Pompeo’s visit to India: Iran & Trade tops the agenda
US Secretary of State Mike Pompeo is visiting India in part of his week-long tour of Indo-Pacific nations which includes, India, Sri Lanka, Japan & South Korea. Pompeo’s visit to India is considered as...
Turkish economy in catastrophe as Trump announces doubling of import tariffs
Relations with Ankara were “not good at this time” said the United States’ President Donald Trump on Friday, following the news that the States was doubling tariffs on steel and aluminium imports from Turkey....
China’s threat to retaliate in the trade war is followed by drop in oil prices
After the United States slapped tariffs on China which will come into play from the 23rd of August, China retaliated by threatening to do the same. They might impose a 25 percent tariff on...
U.S. Treasury chief Mnuchin slams report that Trump wants to exit WTO
Washington – U.S. Treasury Secretary Steve Mnuchin said on Friday a report by the Axios news website, that cited sources as saying President Donald Trump wanted the United States to withdraw from the World...
