After an additional 10% US tariff on Chinese exports took effect, Beijing announced it was imposing tariffs on imports of U.S. oil, coal, gas, cars and farm equipment to take effect on 10 Feb.
In his 1st appearance at World Economic Forum since returning to White House, the US President also threatened tariffs on Canada, EU, and called on China to help stop Russia-Ukraine war.
The US State Department, additionally, approved the potential sale to Taiwan of about $265 million worth of command, control, communications, and computer modernization equipment.
China claims sovereignty over the Taiwan island and jurisdiction over the strait. But Taiwan and the US maintain the strait is an international waterway.
Many Chinese commentators predict that following the November US elections, the Quad may lose relevance and progress could stagnate, as it has yet to address substantive issues.
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.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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