President Donald Trump vowed to hit back on a growing list of products after China retaliated in kind for the first round of 25 per cent tariffs on USD 34 billion worth of imports, that Washington imposed last week.
Washington increased tariffs at 12:01 a.m. Eastern time on $34 billion worth of Chinese imports, a first step in what could become an accelerating series of tariffs.
The imposition comes as a retaliatory action on tariffs imposed on imported steel and aluminium by Trump’s administration
The escalating conflict between the world's two largest economies has rattled markets and companies, which fear disruption to their global supply chains.
The decision was announced by US Commerce Secretary Wilbur Ross in an early phone call.
Geneva: The World Trade Organisation (WTO) has struck a deal where over 200 information technology products would be freed from import tariffs, a media report said on Saturday.Valued at $1.3 trillion in annual trade, the
New Delhi: In a bid to boost fixed line phone connections in the country, telecom regulator Trai has removed charges that a landline service provider has to pay to the other service providers for transmitting
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