Trade Wars

Donald Trump announced today that the proposed extra 25% tariff against Mexico and Canada will be implemented from March 4 if drug supply from these countries do not stop.

The Chinese e-commerce companies were exploiting this provision to ship massive quantities of low-value items directly to customers in the US, bypassing the tariffs which would otherwise be applicable.

On Tuesday, the White House stated that China's "unfair trade practices concerning technology transfer, intellectual property, and innovation" have harmed America and accused China of "flooding global markets with artificially low-priced exports".

The European Union has launched an anti-subsidy inquiry into the Electric Vehicles (EVs) coming from China

The ex-Prime Minister of Australia lamented how China took advantage of the 'goodwill and wishful thinking' of Western nations to steal their technology and undermine their industries.

China has long been accused of persecution of Uyghur minorities in Xinjiang region. Multiple organisations have now accused the Communist country of using Uyghur slave labour.

In his executive order, Donald Trump also cited the example of India and the 'digital strike' carried out on 59 Chinese apps in June this year.

A high-level meeting took place at the prime minister’s office to discuss ways to promote Atmanirbhar Bharat and cut import dependency on China.

In a decision which could escalate tensions between two countries, the US Representative Scott Perry introduced a bill to declare Tibet Autonomous Region as an independent country.

The US administration on Friday decided to block shipments of semiconductors to Huawei from major global chipmakers