The world economy is failing to rebound from the slowdown that has plagued it for the whole of this year amid mounting trade tensions and rising Brexit risks.
US, which kicked off the trade war last June, imposed a 15% tax on an estimated USD 125 billion worth of Chinese products, including clothing, footwear, and cameras.
The Chinese president’s latest remarks come just weeks before the party’s decision-making body is expected to hold its first full meeting in 20 months.
With South Korean electronic device manufacturers reliant on chemicals from Japan, any delay in their production has the potential to disrupt global tech supply chains.
Indians see West Asia as one uninterrupted wash of Islam, but the reality is more complex. For the Druze, support from Israel—where they are a recognised minority—is now critical.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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