The International Monetary Fund(IMF) official has said that trade war between the United States and China poses the greatest risk to global stability.The ongoing trade war has affected the flow of billions of dollars of goods between the two countries. Trade war is a situation where countries restrict each other’s trade by imposing tariffs or… Continue reading U.S.-China trade war poses the biggest risk to global stability, says IMF official
Tag: US-CHINA
Huawei fights back against U.S. blackout with Texas lawsuit
Chinese tech giant Huawei has sued United States government over a legislation that prevents US federal agencies from using its product.Huawei argues that the federal ban is a piece of legislation that punishes an individual or organization without trial. The restrictions were imposed because American authorities consider there was a risk in using Huawei products… Continue reading Huawei fights back against U.S. blackout with Texas lawsuit
China,US close to reaching a trade deal
The United States and China are in the final stage of completing a trade deal.The deal would end the trade war between both the countries that has been escalating since last year. Trade war is a situation where countries restrict each other’s trade by imposing tariff or quota on imports.US had started imposing tariffs on… Continue reading China,US close to reaching a trade deal
