US President Donald Trump said China will relax its trade restrictions in response to US pressure “because it’s the right thing to do,” as the world’s largest economies teeter on the brink of a trade war that’s unsettled global financial markets and sent the US stock market reeling. “China will take down its Trade Barriers because it is the right thing to do,” Trump said on Twitter early on Sunday. “Taxes will become reciprocal & a deal will be made on Intellectual Property.”
Around the Globe
Around the Globe
Republicans are warning President Donald Trump that a trade war with China would deal an economic blow to politically important areas of the country that will cost the party in November’s congressional elections.
China hit back quickly on Wednesday against the Trump administration’s plans to slap tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key US imports including soybeans, planes, cars, beef and chemicals.
The speed with which the trade struggle between Washington and Beijing is ratcheting up – China took less than 11 hours to respond with its own measures – led to a sharp selloff in global stock markets and commodities.
President Donald Trump declared as “dead” on Monday a program that protects immigrants brought to the United States illegally as children and pressed Congress to pass legislation to secure the US border with Mexico.
Trump’s latest comments on immigration, made via Twitter, came as the US Department of Justice moved to establish first-ever quotas for immigration judges aimed at speeding up cases and clearing a backlog.
President Xi Jinping greeted Zimbabwean counterpart Emmerson Mnangagwa as an "old friend" of China today as the African leader visited Beijing, which previously backed his ousted predecessor Robert Mugabe.
Mnangagwa, who received military training in China when he was a young liberation fighter in the 1960s, was met with a military honour guard at the Great Hall of the People on his first state visit outside of Africa.
Pakistan Prime Minister Shahid Khaqan Abbasi has accused India of launching a “brutal crackdown” in Kashmir after terror groups suffered a major setback following killing of 13 terrorists in counter-insurgency operations. Abbasi's statement late last night came after Indian security forces on Sunday gunned down 13 militants in three counter-insurgency operations that also claimed the lives of three Army jawans and four civilians in Anantnag and Shopian districts of Jammu and Kashmir.
World’s cleanest petrol and diesel are now being supplied in Delhi after state-owned oil firms advanced rollout of Euro-VI grade fuel by two years in a bid to combat alarming levels of air pollution.
Since Sunday, Delhi has become the first city in the country to leapfrog from Euro-IV grade petrol and diesel to Euro-VI, which just contains 10 parts per million (ppm) of sulphur against 50 ppm in previous grade of fuel.
India is among the countries that are at the greatest risk of food insecurity due to weather extremes caused by climate change, according to a global study.
Researchers led by the University of Exeter in the UK examined how climate change could affect the vulnerability of different countries to food insecurity – when people lack access to a sufficient quantity of affordable, nutritious food.
Tata group chairman emeritus Rata Tata on Monday asked employees of Tata Motors to plan on becoming leaders again, saying it hurt him when the auto maker lost market share in the last four-five years and the country looked at it as a ‘failing company’.
Tata, who addressed the annual townhall of employees – a tradition which he started on the start of every new financial year – after a gap of almost five years, said that under the leadership of chairman N Chandrasekaran and managing director Guenter Butschek, Tata Motors will continue to build in the future.
Israeli troops shot and wounded about 70 Palestinians among crowds demonstrating at the Gaza-Israel border on Saturday, health officials said, after one of the deadliest days of unrest in the area in years.
Thousands of people marched through the streets of Gaza in funerals for the 15 people killed by Israeli gunfire on Friday, and a national day of mourning was observed in the enclave and in the occupied West Bank.