Abb Takk News
TRENDING World

Trump Prepares Trade Sanctions Against China

Web Desk(March 22, 2018): Trump is vowing to put restrictions on China after proven the shifting of property rights and theft.

According to the white house spokesperson “the step is being taken after the failure of long-term negotiation. It is just weeks since Trump short-circuited White House deliberations and announced a raft of sanctions on foreign-produced steel and aluminum off the cuff.

On Wednesday, Federal Reserve Chairman Jerome Powell warned that the prospect of a trade war was a growing threat to the world’s largest economy.US Trade Representative Robert Lighthizer recently put a separate proposed package of $30 billion in tariffs on Chinese imports on the president’s desk.

However, the trade dispute threatens to cast a pall over those relations, especially given the recent warnings from Beijing.

Related News:

Dollar Trading At Rs116 in Open, Rs115.5 in Inter Bank Markets

Pak, Australia to Strengthen Bilateral Trade Ties