Tuesday, November 12, 2019

Trade War : Beijing moves to WTO against new US tariffs on Chinese goods

Must Read

Jharkhand polls for 81 constituencies from November 30 to December 20; counting on 23rd December

Addressing a press meeting today, Chief Election Commissioner Sunil Arora has announced the poll dates for Jharkhand Legislative assembly....

Congress forms six-member committee of AICC to review situation of NRC in Assam

In a bid to review the condition of Assam state after the implementation of the NRC exercise, Congress party...

Shiv Sena elects Eknath Shinde as party’s legislative leader; Sunil Prabhu appointed as chief whip of party

In a striking breakthrough, Shiv Sena elected senior minister Eknath Shinde as the party's legislative leader today. It has...

Beijing, Sep 3: China has on Monday said it had moved to the World Trade Organization (WTO) against the United States, a day after President Donald Trump slapped Beijing with new tariffs on billions of dollars worth Chinese imports.

The Chinese commerce ministry said, “These American tariffs seriously violate the consensus reached by the leaders of our two countries in Osaka,” in reference to the June trade negotiations held in a Japanese province.

“The Chinese side is strongly dissatisfied and resolutely opposed to that.”

In line with relevant WTO laws, Beijing is expected to firmly secure its legitimate interests and rights, “the ministry added in a statement published on its website”, according to Dawn news reports.

America’s latest duties over billions of dollars worth Chinese good took place under the Trump administration’s stepped-up high-pressure campaign focused at engrossing China to ink a new trade pact.

The Chinese government has stated it would attempt to retaliate the US move by targeting $75 billion worth US imports, starting in session on September 1.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Gujarat 11 Teaser: Daisy Shah turns into a football coach in her maiden Gujarati film

Actress Daisy Shah has come a long way from being a background dancer in films to a Bollywood actress. The...

Teaching staff beaten up by children in Rae Bareli

Rae Bareli, Nov 12 (IANS) A female teaching staff at the Gandhi Sewa Niketan here was allegedly beaten up by a group of children...

Google announces games coming to Stadia

San Francisco, Nov 12 (IANS) Googles game streaming platform Stadia is all set to launch on November 19, while the company has also confirmed...

Apple planning its first AR headset in 2022: Report

San Francisco, Nov 12 (IANS) Apple is mulling to release its first Augmented Reality (AR) headset in 2022, followed by a better-looking version in...

Kohli & boys to train under lights in Indore with eye on D/N Test

By Baidurjo BhoseNew Delhi, Nov 12 (IANS) The Indian team is set to play its maiden Day-Night Test against Bangladesh at the historic Eden...
- Advertisement -

More Articles Like This