[

tariff war

]
According to officials, China is resorting to tariff barriers as its companies are suffering from overcapacity, and also diverting its exports to the Indian market after global boycott of the Chinese products.

China dumps large-scale optic fibre cables from India, tariff wars expected

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON AUG 24, 2020 05:40 PM IST
Dumping is an unfair trade practice that entails the export of a product at a price lower than its value and is countered by punitive actions, which are acceptable measure under multilateral trade agreements, the officials said.
A collapse of the deal risks leading to a return of the tit-for-tat tariff war that hurt trade and companies around the world.(AP)
A collapse of the deal risks leading to a return of the tit-for-tat tariff war that hurt trade and companies around the world.(AP)

Donald Trump cancels China talks, raising questions about trade deal

Bloomberg | By Bloomberg| Posted by Susmita Pakrasi
PUBLISHED ON AUG 19, 2020 08:12 AM IST
Addressing whether the U.S. would pull out of the phase-one deal, Trump said: “We’ll see what happens.” Terminating the deal would require a written notification and take effect 60 days later, unless both parties agree on a different date.
The strength of the US-China agreement can be best judged by the fact that neither side will change a single law or regulation. Instead, there is a series of ad hoc decisions to lower some tariffs, buy a few things and water down punitive rules on both sides(AFP)
The strength of the US-China agreement can be best judged by the fact that neither side will change a single law or regulation. Instead, there is a series of ad hoc decisions to lower some tariffs, buy a few things and water down punitive rules on both sides(AFP)

The limits of the US-China deal | HT Editorial

Hindustan Times | By HT Correspondent
UPDATED ON JAN 16, 2020 08:02 PM IST
There has been no fundamental shift. The trade war will resume
China’s trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession.(Bloomberg)
China’s trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession.(Bloomberg)

China’s trade with US shrinks again in September

Beijing | By Associated Press
UPDATED ON OCT 14, 2019 10:09 AM IST
Exports to the United States, China’s biggest foreign market, sank 17.8% from a year earlier to $36.5 billion, a deterioration from August’s 16% decline, customs data showed Monday.
The founder of Chinese tech giant Huawei said he expects no relief from US export curbs due to the political climate in Washington.(Reuters Photo)
The founder of Chinese tech giant Huawei said he expects no relief from US export curbs due to the political climate in Washington.(Reuters Photo)

Huawei expects no relief from US sanctions but is confident

Shenzhen | By Associated Press
PUBLISHED ON AUG 20, 2019 02:06 PM IST
Ren Zhengfei also said he doesn’t want relief from US sanctions if it requires China to make concessions in a tariff war, even if that means his daughter, who is under house arrest in Canada on US criminal charges, faces a longer legal struggle.
China on Saturday increased tariffs on billions worth of US goods as it prepares to unveil a blacklist of “unreliable” foreign companies that analysts say aims to punish US and foreign firms cutting off supplies to telecoms giant Huawei.(AFP Photo)
China on Saturday increased tariffs on billions worth of US goods as it prepares to unveil a blacklist of “unreliable” foreign companies that analysts say aims to punish US and foreign firms cutting off supplies to telecoms giant Huawei.(AFP Photo)

China raises tariffs on US goods amid escalating tensions

Beijing | By Agence France-Presse
UPDATED ON JUN 01, 2019 01:25 PM IST
Beijing’s move hits $60 billion worth of US goods with new punitive tariffs ranging from five to 25 percent, and comes in retaliation for Washington raising punitive tariffs on $200 billion in Chinese goods to 25 percent.
A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(REUTERS)
A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(REUTERS)

Sensex drops over 100 points on weak global cues, rising crude prices

Mumbai | By Press Trust of India
UPDATED ON DEC 04, 2018 10:58 AM IST
Investors turned cautious after the euphoria over US-China trade settled, and uncertainty over negotiations between the two countries during the next 90 days rose.
A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India.(REUTERS)
A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India.(REUTERS)

Sensex surges over 200 points on US-China trade truce

Mumbai | By Press Trust of India
PUBLISHED ON DEC 03, 2018 12:55 PM IST
The rupee, meanwhile, depreciated by 50 paise to 70.08 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas.
Commerce minister Suresh Prabhu speaks with JSW CMD Sajjan Jindal (L) during ASSOCHAM's 98th Annual Session ‘New India- Working For 1.25 Billion Aspirations’, in New Delhi.(AP Photo)
Commerce minister Suresh Prabhu speaks with JSW CMD Sajjan Jindal (L) during ASSOCHAM's 98th Annual Session ‘New India- Working For 1.25 Billion Aspirations’, in New Delhi.(AP Photo)

India to be worst hit if global trade falls, says commerce minister Suresh Prabhu

New Delhi | By Indo Asian News Service
UPDATED ON OCT 16, 2018 09:25 PM IST
India has the potential to become a $10-trillion economy before 2035, Suresh Prabhu said at the 98th Annual Session of The Associated Chambers of Commerce and Industry of India (Assocham).
US President Donald Trump gestures as he arrives at a rally in Las Vegas, Nevada, US, on September 20.(Bloomberg)
US President Donald Trump gestures as he arrives at a rally in Las Vegas, Nevada, US, on September 20.(Bloomberg)

Donald Trump says it’s ‘time to take a stand on China’ after tariff move

By Bloomberg
UPDATED ON SEP 21, 2018 04:21 PM IST
China plans to retaliate on the US’s $200 billion tariff round by slapping levies on $60 billion of American goods.
RCom, which is reeling under a debt of around Rs 45,000 crore, closed its mobile services business in January this year and continues to provide business-to-business (B2B) telecom services.(Reuters/Photo for representation)
RCom, which is reeling under a debt of around Rs 45,000 crore, closed its mobile services business in January this year and continues to provide business-to-business (B2B) telecom services.(Reuters/Photo for representation)

Debt-ridden Reliance Communications slashes number of jobs by 94%

Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON JUN 13, 2018 10:55 PM IST
Debt-ridden Reliance Communications said on Wednesday that the total number of jobs at the company have been reduced by about 94% to 3,400 at present, from its peak level of 52,000.
FILE PHOTO: Commuters are reflected on an advertisement of Reliance Industries' Jio telecoms unit, at a bus stop in Mumbai, India, February 21, 2017. REUTERS/Shailesh Andrade
FILE PHOTO: Commuters are reflected on an advertisement of Reliance Industries' Jio telecoms unit, at a bus stop in Mumbai, India, February 21, 2017. REUTERS/Shailesh Andrade

Reliance Jio suffers from tariff wars, competition, results show

Livemint, Mumbai | By Rhik Kundu
UPDATED ON MAY 01, 2018 01:13 PM IST
A man speaks on his mobile phone as he sits in front of a shop displaying the Idea Cellular Ltd's logo on its shutter in Mumbai on April 28.(Reuters File)
A man speaks on his mobile phone as he sits in front of a shop displaying the Idea Cellular Ltd's logo on its shutter in Mumbai on April 28.(Reuters File)

Idea Cellular Q4 net loss widens nearly 3-fold to Rs 930.6 cr

Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON APR 28, 2018 04:48 PM IST
The company blamed hyper competition and high regulatory headwinds for aggravating the industry’s financial stress.
Visitors attend the China Import and Export Fair, also known as Canton Fair, in the southern city of Guangzhou, China.(REUTERS File Photo)
Visitors attend the China Import and Export Fair, also known as Canton Fair, in the southern city of Guangzhou, China.(REUTERS File Photo)

India may become surprise victim of US-China trade war, says Rabobank

Bloomberg | By HT Correspondent
UPDATED ON APR 18, 2018 12:46 PM IST
A tariff war will reduce exports and lead to imported inflation, which will hurt Indian purchasing power and investments, according to the Rabobank study.
Mittal-controlled Bharti Airtel Ltd., which sold its first-ever rupee bond of Rs 30 billion last month, has approval to raise Rs 165 billion, according to a March 12 filing.(Anindito Mukherjee/Bloomberg)
Mittal-controlled Bharti Airtel Ltd., which sold its first-ever rupee bond of Rs 30 billion last month, has approval to raise Rs 165 billion, according to a March 12 filing.(Anindito Mukherjee/Bloomberg)

Mukesh Ambani and Sunil Mittal building $6 billion war chest in India’s telecom tussle

Bloomberg | By Bhuma Shrivastava and Divya Patil, Bloomberg
UPDATED ON APR 04, 2018 12:40 PM IST
The fundraising amount -- about 78% of the total outstanding bonds of India’s top four telecom firms -- signal that Airtel and its rival Jio are looking at about Rs 320 billion of debt due in the next five years.
SHARE
Story Saved