President Donald Trump said Sunday the United States wants to help China, not hurt it, striking a conciliatory tone days after threatening an additional 100 per cent tariff on the world's second-largest economy. Trump's statements on Friday as well as his threat to cancel a meeting with Xi later this month sent Wall Street stocks tumbling into negative territory as traders worried the trade war between Washington and Beijing could reignite. "The USA wants to help China, not hurt it!!!" Trump said in Sunday's post on Truth Social, adding that "respected President Xi (Jinping)... doesn't want Depression for his country." Trump on Friday said that he would impose the extra levies from November 1 in response to what he called "extraordinarily aggressive" new Chinese export curbs on the rare-earths industry. Beijing, in turn, accused Washington of acting unfairly, with its Ministry of Commerce on Sunday calling Trump's tariff threat a ...
Prahlad Modi, Prime Minister Narendra Modi's brother and vice-president of All-India Fair Price Shop Association, today asked traders not to pay GST till their demands are met by authorities and...
from NDTV News - Special https://ift.tt/3BXBR4e
from NDTV News - Special https://ift.tt/3BXBR4e
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