
Reader:: United States
The trade war between the United State and China intensified as the two economic superpowers hit each other with their biggest round of tariffs yet.
Today on Monday the Trump administration imposed new 10% tarrifs on 200 billion of Chinese goods, spanning thousands of products, including food seasonings, baseball gloves, network routers and industrial machinery parts.
China also retaliated immediately with new taxes of 50% to 10% on 60 billion of US goods such as meat, chemicals, clothes and auto parts.
Mr Trump’s waves of new tariffs on China now apply to over 250 billion of Chinese goods, roughly half the amount the country sells to the United States.
The measures are meant to punish China to what the Trump administration says are unfair trade practices, such as intellectual property theft.
But Beijing has rejected the assertion. `The Trump administration has made false accusations and sought to `impose its own interests on China through extreme pressure’, said Chinese government.
RELATED NEWS
Most Read
Two goats, a rooster, and a hen visit me at my hammock. Not a... Read more
Reader::Elissa Gray Cruises score big points with families, offering up value, adventure and convenience. You... Read more
Reader::Roman History Spartacus was a Thracian gladiator. Little is known about his life before he... Read more
Amid population growth and unprecedented urbanization, china’s rise has been enabled by its ability to... Read more
Bangladesh Telecommunication Regulatory Commission (BTRC) on Thursday night asked all the mobile phone operators to... Read more
Reader::Nilima Ibrahim Beauty is big business. In Forbes' recent list of "America's Richest Self-Made Women,"... Read more
Reader::India With proud, wistful expressions, the elderly figures in Peter Bos' portraits seem gentle enough... Read more
Reader::Italy Leonardo da Vinci’s `Salvator Mundi’ ,the world’s most expensive painting, may have been not... Read more
“I had no institutional education until the age of thirteen. I was confined in hospitals... Read more
Ranveer Singh starrer Simmba opened to a good response at the box office and made... Read more
Leave a Reply