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The United States could impose export controls on Boeing aircraft parts following China’s recent restrictions on rare earth mineral exports, President Donald Trump said on Friday.Trump told reporters that Beijing has many Boeing planes and they need parts for those.He expressed surprise at China’s decision, noting his strong personal rapport with President Xi Jinping. “And…
Indian exporters may benefit from the ongoing tensions between the US and China, using the opportunity to increase their shipments to the American market, according to exports.Federation of Indian Export Organisations (FIEO) President SC Ralhan said that the higher tariffs imposed by the US on Chinese goods could shift demand towards India, which exported goods…
US Federal Communications Commission has issued a national security notice warning that Chinese electronics could be used to surveil Americans and threaten US security, as major online retailers remove millions of prohibited product listings from their platforms.FCC Chair Brendan Carr revealed Friday that several million listings for banned Chinese electronics have been taken down from…
India should be careful in its negotiations with the US and should focus on its self-reliance rather than depending on Washington, Global Trade Research Institute (GTRI) said in a report. In a report titled “Trump’s tariff offensive hits a rare earth wall,” the think tank analysed the impact of Trump’s recently imposed tariffs on China…
US-China trade war seems to have triggered again after months of thaw. In a long-message posted on social media platform, Truth Social, Donald Trump, said the United States would impose new tariffs of 100% on imports from China “over and above any Tariff that they are currently paying”. The post comes amid fresh tensions between…
Cryptocurrency markets tumbled on Friday as renewed trade tensions between the US and China, alongside a fresh export control move by Donald Trump, rattled investors worldwide.After the announcement crypto giant Bitcoin fell 8.4% to $104,782 at 17:20 ET and Ethereum followed, tumbling 5.8% to $3,637. Earlier on Monday, Bitcoin, the world’s largest crypto, recorded its…
US President Donald Trump has thrown another punch in Washington’s long-running economic bout with Beijing, threatening to slap fresh 100% tariffs and export bans in response to China’s tightening grip on rare earth minerals. The uneasy truce between the world’s two biggest economies came after months of uneasy calm, sending shockwaves through global markets and…
US President Donald Trump has thrown another punch in Washington’s long-running economic bout with Beijing, threatening to slap fresh 100% tariffs and export bans in response to China’s tightening grip on rare earth minerals. The uneasy truce between the world’s two biggest economies came after months of uneasy calm, sending shockwaves through global markets and…
LeBron James and Russell Westbrook. Image via: Getty Images Russell Westbrook last played for the Denver Nuggets, but he is currently a free agent. While the Sacramento Kings got themselves hinged with the former NBA MVP, Westbrook is now rumored to have been linked with a new offer overseas. A Chinese team is now eyeing…
Wall Street stocks tumbled on Friday after US President Donald Trump threatened “massive” tariffs on China, sparking renewed trade war concerns following months of improving relations between the two countries. All three major US indices finished sharply lower, with the broad-based S&P 500 down 2.7 percent at 6,552.51. The Dow Jones Industrial Average dropped 1.9…
