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Today, the final voting will take place in the House of Representatives, the lower house of the US Parliament, on a bill in which up to 100% additional tariff may be imposed on countries purchasing oil and gas from Russia. This may affect countries like India and China. However, this voting does not mean immediate…
The start of traditional India-China trade, which was going to start after six years from Lipulekh Pass in Uttarakhand, has once again been postponed. Indian traders were to reach Taklakot in China by July 8, but due to lack of market, shops and warehouses there, the date of trade was extended. At present around 100…
America’s Donald Trump administration has started a new investigation under ‘Section 301’ against 16 of its major trading partners, including India and China. ‘Section 301’ gives America the power to unilaterally increase taxes on countries that are causing losses to its companies. After the US Supreme Court ruled President Trump’s tariffs illegal last month, the…
America’s Donald Trump administration has started a new investigation under ‘Section 301’ against 16 of its major trading partners, including India and China. ‘Section 301’ gives America the power to unilaterally increase taxes on countries that are causing losses to its companies. After the US Supreme Court ruled President Trump’s tariffs illegal last month, the…
US President Donald Trump, in an attempt to ease tensions between Washington and Beijing, said that the United States wants to support China rather than harm it. Trump’s remarks came amid flared-up tariff threats over exports that have reignited fears of a full-scale trade confrontation between the two global economic powers. “Don’t worry about China,…