The two countries had agreed on a 90-day pause & lifting restrictions on Chinese exports needed for US semiconductor, electronics, and defence production in May this year.
He pointed out that in the previous year, China made $1 trillion off trade with the US and that he had 'reversed it' through his aggressive tariff strategy.
In Episode 1588, ThePrint Editor-in-Chief Shekhar Gupta explains how China used trade as an agent of growth & what it means for the world, particularly India & US.
Biden administration puts in new curbs to counter low-value products mainly originating from China-founded e-commerce platforms. This comes 2 months ahead of US presidential elections.
American Chamber of Commerce says expectations are that US-China ties will become more stable than it has been under Trump, though it is unlikely to return to pre-2016 equations.
Concerns had been growing that a sharp drop in oil prices and the pandemic would sink the trade deal, the only active area of cooperation between the two nations.
The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
COMMENTS