US China trade war News
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Donald Trump has accused China of violating its trade agreement with the United States.
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US President Donald Trump on Thursday expressed confidence about reaching a "very good" trade deal with China, even as the US imposed steep tariffs of up to 245 per cent on Chinese imports in response to Beijing's retaliatory actions.
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Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks when meeting Rafael Mariano Grossi, Director General of the International Atomic Energy Agency (IAEA).
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America is preparing to teach a lesson to China! watch this special report..
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Tension between US-China increased, US fighter aircraft reached very close to China. Watch this video to get more on this.
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Yudh 2.0: 'Talk of War' in America and China!
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Trump, writing on Twitter, said his goal was to reduce US reliance on China and he again urged American companies to find alternate suppliers outside China.
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According to industry tracker Strategy Analytics, Samsung shipped 71.8 million units of smartphones or 21.7 per cent of the total in the January-March period, with it is market share falling 8 per cent from a year earlier.
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Negotiators from both countries have been working towards a deal to resolve the trade dispute.
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Chinese Foreign Ministry spokesperson accused the US of having “double standard”, picking and choosing norms when it suits American interests.
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The US and China have also issued a second batch of proposed duties on $16 billion of each other`s goods.
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Tension between the two sides has been growing since the Trump administration proposed tariffs of $50 billion on Chinese goods and said it might extend the levies to an additional $150 billion. China responded with its own measures targeting U.S. agriculture.
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The US is trying to threaten its way to forcing China to accept its unreasonable decisions, a state-run newspaper has said.
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India will claim the top spot among the world's fastest-growing major economies this year, says a poll conducted by Reuters.
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