China faces a 12 Aug deadline to seal a lasting tariff deal with Trump, after earlier pacts in May and June paused weeks of tit-for-tat tariffs and a rare earths export threat.
The US president says the tariffs imposed on China are a penalty to make up for the losses incurred by the US due to the alleged trafficking of the drug.
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.
China’s finance ministry insists the US must stop suppressing Beijing firms, lift Xinjiang-related product bans, and take tangible measures to address its economic concerns.
China wants international shippers of meat and soybeans to attest that their cargo meets safety standards, a requirement companies are wary of for fear of liability.
The deal sees US suspending plans for new tariffs on $160 billion of Chinese imports while China agrees to increase its purchases of American agricultural products.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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