Monday, October 25, 2021
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Canada to impose $2.7bn tariffs on US goods as countermeasure

Addressing reporters in Ottawa on Friday, Deputy Prime Minister Chrystia Freeland said that the countermeasure tariffs will take effect in 30 days after the government will spend a month in consultations with Canadians

Telcos approach Trai seeking early decision on floor price issue

The Cellular Operators' Association of India (COAI) -- whose members include Bharti Airtel, Vodafone Idea and Reliance Jio -- has written to the Telecom Regulatory Authority of India (Trai) seeking an open house discussion on the issue "at the earliest".

Chinese central bank to pump $173 bn into economy in virus fight

The move to inject liquidity into its financial system comes as authorities work to shore up confidence in an already slowing economy.

Punjab: Power tariff hike irks people in Gurdaspur

Ramandeep Singh, another local, said expressed anguish against the new order and demanded that the new tariffs should be withdrawn.

Govt relief for telcos, tariff hikes may not offset impact of SC ruling: Fitch

Fitch said it has a negative outlook on the sector for 2020, primarily due to heightened financial risk associated with the large unpaid AGR-related dues

After Airtel & Voda-Idea, Reliance Jio says to hike mobile tariffs

Jio said telecom regulator TRAI is likely to initiate consultation process for revision in telecom tariffs.

United States to impose $7.5bn in tariffs on EU goods

In a long-awaited ruling, the WTO said that Washington may impose trade sanctions worth $7.5 billion annually on the EU.

Rupee slips 9 paise to 71.03 against USD in early trade

Michael Pillsbury, adviser to the White House on China policy, said that Trump would likely escalate the trade war by raising existing tariffs, if no deal is reached.

Japanese officials cautious on prospects for US trade deal

Japan's chief government spokesman, Yoshihide Suga, said Tuesday that the two sides are still finalizing details after reaching a basic agreement in late August on trade in farm products, digital trade and other industries.

US, China to resume trade talks in Washington in October

The world's two biggest economies have been embroiled in a tense year-long tariffs row, which escalated on September 1 when both sides swapped fresh levies on goods worth hundreds of billions of dollars.

US President Donald Trump descends on G7, talking trade war

Ahead of the summit in the elegant French seaside resort, he has criticised most of his partners, rowing with them over Iran, trade, global warming and Brexit.

China trade war will help Samsung, Tim Cook tells Trump

"I have a lot of respect for Tim Cook, and Tim was talking to me about tariffs. And one of the things, and he made a good case, is that Samsung is their number-one competitor, and Samsung is not paying tariffs because they're based in South Korea."

‘Tim Cook right that China trade war will help Samsung’

In a conversation with reporters, Trump said "he has had a very good meeting with Cook", The Verge reported on Sunday.

Equity gauges on a weak note, Yes Bank drops over 11 pc

Yes Bank dipped 10.72 per cent lower at Rs 87.85 per share after reporting 91 per cent drop in its net profit and bad loans worth Rs 6,230 crore during the first quarter of current fiscal.

Trump’s China tariffs to increase cost of Bible, upsets religious groups

"More than half of the Bibles printed in the world originate in China due to the unique paper and technologies required."

Now, US-India trade tension hangs over Indian capital markets

"The Indian market, which is currently dealing with slowdown concerns, will not react well if the US announces fresh tariffs"

Beijing mum on Trump-Xi meeting at G20 summit

Negotiations to resolve the dispute stalled last month after Washington increased tariffs on $200 billion worth of Chinese imports, sparking retaliation from Beijing.

Nike, Adidas urge Trump to end trade war

Trump lifted levies on $200 billion worth of Chinese imports into the US from 10% to 25%, after Washington and Beijing failed to reach a deal on trade.

US-China trade war could make iPhones 3% more costly

Apple's costs could soar higher if the Trump administration follows through with a plan to add an additional $325 billion in tariffs to Chinese goods.

China imposes anti-dumping tariffs on Brazilian chicken

The tariffs -- ranging from 17.8 percent to 32.4 percent -- will take effect from February 17 and remain in place for five years, the commerce ministry said.

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