Trade Wars

Trade wars: Donald Trump announces higher tariffs on Chinese goods; more products will face additional tax ahead of talks

US President Donald Trump raised pressure on China over trade negotiations on Sunday by saying US tariffs on certain Chinese products will increase to 25 percent on Friday and that more Chinese goods will face additional tariffs.

Germany will define its own 5G security standards after US' warning on Huawei

US recently said it will scale back data-sharing with Berlin if Huawei was allowed to participate.

Apple services business grows, Tim Cook says China trade tensions are easing

Apple expects revenue between $55 billion and $59 billion for the current quarter ending in March.

India 2019: Govt should propel growth in infra, renewable energy sector to ease unemployment pain

India could focus on encouraging investments from China which has shown a huge investment appetite in the country – disregardful of the arbitration imbroglio or other irritants

CII says India's robust economic growth to continue in 2019; better demand conditions, GST, general polls strong drivers

CII believes the government will continue to place high priority on simplifying business procedures in 2019, especially in terms of working with states for grassroots improvements.

Mike Pompeo says US sanctions on Iran are 'toughest ever', will directly affect nations doing business with Tehran

Taking effect on Monday (5 November 2018), the measures are the most concrete result yet of US president Donald Trump's controversial decision in May to abandon the multi-nation nuclear deal with Iran.

Donald Trump claims US sanctions will hit Iran in a 'big way'; Tehran says president has 'disgraced' America's prestige

Donald Trump also told reporters that Iran was not the same country it was two years ago.

Alibaba cannot promise a million jobs in US due to US-China trade war: Jack Ma

Ma met Donald Trump 2 years ago and laid out Alibaba's plan to bring a million small US businesses.

Tata Steel Q1 net profit doubles to Rs 1,934 cr on strong demand, higher prices in domestic market

Tata Steel saw strong growth in all verticals with the automotive segment contributing 19 percent of sales and the strong demand in HCV segment is expected to continue.

Faced with backlash, Donald Trump defends import restrictions; says America 'will be in a very strong position soon'