Skip to main content

India says border peace critical to ties with China amid reports of military tensions

India's foreign ministry said peace along its disputed border with China is critical to ties between the Asian neighbours, amid reports of renewed military tensions between the two countries' troops in a remote corner of the Himalayas. New Delhi's comment is its second in less than a week and comes as the Asian giants, who share a long and disputed frontier, mend ties following deadly clashes in 2020. It also comes ahead of a BRICS summit in New Delhi from September 12 to 13 that Chinese President Xi Jinping is expected to attend. "In matters relating to the border areas between India and China, we have always emphasised in discussions with the Chinese side that we consider these issues as most serious," Indian foreign ministry ⁠spokesperson Randhir Jaiswal said on Tuesday at a regular media briefing. "We have also stated that the state of...
Post a Comment

China hits US goods with additional tariffs bringing total to 125%

China has sharply increased tariffs on American imports to 125%, striking back at the United States in the latest escalation of trade tensions under President Donald Trump’s administration. The move was confirmed by China’s Customs Tariff Commission on Friday, in response to Washington’s tariff rate hike to a cumulative 145% on Chinese goods. China previously imposed 84% tariffs before the fresh increase. The commission said US goods had lost competitiveness in the Chinese market, warning that continued tariff hikes would become “a joke in the history of world economy.” The Trump administration’s tariff policies have drawn global criticism and have effectively derailed negotiations between the two economic powers. US Treasury Secretary Scott Bessent labelled China “the worst offender” in global trade and predicted the retaliation would backfire. China’s countermeasures come amid slowing domestic growth. Goldman Sachs on Thursday revised China’s 2025 GDP forecast down to 4%, citing weaker global demand and trade pressures. The bank estimated up to 20 million Chinese workers could be affected by the export downturn to the US. Earlier this week, US President Donald Trump announced he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending US stocks rocketing higher. In the latest twist, Trump said he would suspend targeted tariffs on other countries for three months to allow time for US officials to negotiate with countries that have sought to reduce them. But he kept the pressure on China, the No 2 provider of US imports. Trump said he would raise the tariff on Chinese imports to 125% from the 104% level that took effect at midnight, further escalating a high-stakes confrontation between the world's two largest economies. The two countries have traded tit-for-tat tariff hikes repeatedly over the past week. Trump's reversal on the country-specific tariffs is not absolute. A 10% blanket duty on almost all US imports will remain in effect, the White House said. The announcement also does not appear to affect duties on autos, steel and aluminum that are already in place.

from Latest World News, International News | Breaking World News https://ift.tt/10qQM9D
Labels:

Comments

Post a Comment

Popular posts from this blog

At least 32 miners dead after bridge fails at cobalt site in southeast DR Congo

A bridge collapsed at a cobalt mine in southeast Democratic Republic of Congo killing at least 32 wildcat miners, a regional government official said Sunday. The bridge came down Saturday onto a flooded zone at the mine in Lualaba province, Roy Kaumba Mayonde, the provincial interior minister, told reporters. He said 32 bodies had been recovered and more were being searched for. The DRC produces more than 70 percent of the world supply of cobalt, which is essential for batteries used in electric cars, many laptop computers and mobile phones. More than 200,000 people are estimated to be working in giant illegal cobalt mines in the giant central African country. Local authorities said the bridge collapsed at the Kalando mine, about 42 kilometres (26 miles) southeast of the Lualaba provincial capital, Kolwezi. "Despite a formal ban on access to the site because of the heavy rain and the risk of a landslide, wildcat miners forced their way into the quarry," said Mayonde. He said ...
Post a Comment
Read more

Indian devotees splurge on jets, gold idols as Hindu temple opens

The private jet parking lots at airports near the Indian city of Ayodhya are full and the shops have run out of gold-plated idols, as wealthy devotees prepare for the invite-only opening ceremony of one of Hinduism's holiest temples. Indian Prime Minister Narendra Modi and Asia's richest man Mukesh Ambani are among the 8,000 or so attendees at Monday's inauguration event for the Ram Temple, which devotees believe is built on the birthplace of Lord Ram, a sacred Hindu deity. The construction of the temple, which began after the Supreme Court awarded the site to Hindus in 2019 more than two decades after a Hindu mob razed a mosque there, triggering deadly riots, fulfils a key campaign promise of Modi and his Hindu nationalist party. Read BJP-promised temple transforms Ayodhya: Muslims, locals feel neglected The opening ceremony, organised by the trust that built the temple, comes months before a national election which the ruling Bharatiya Janata Party is widely expected to w...
Post a Comment
Read more

Arab countries, Pakistan likely to observe Eid on same day

The International Astronomy Centre confirmed on Wednesday that the crescent moon of Shawwal will be impossible to sight on Saturday, March 29, across all regions of the Arab and Islamic world. This is due to the moon setting before the sun, with the conjunction occurring after sunset. As a result, observing the crescent moon, whether by the naked eye, telescopes, or other means, will be unfeasible on March 29. For countries requiring an actual sighting to mark the start of Shawwal, Ramadan will likely extend to 30 days, with Eid Al Fitr falling on Monday, March 31. However, in some regions where the conjunction occurs before sunset, allowing the moon to set after sunset, some countries may choose to declare Eid on Sunday, March 30, following traditional moon-sighting practices. Notably, a partial solar eclipse will be visible at noon on Saturday in parts of the western Arab world, including Mauritania, Morocco, Algeria, and Tunisia. This event serves as definitive proof that the cresce...
Post a Comment
Read more