Date: 10 months ago   Category: Markets

The USA and China have exchanged blows in trade war


The USA and China have introduced mutual 25 percent duties on goods with a total amount of 16 billion dollars, Bloomberg reports. The first the restrictions of Washington announced on August 8 have come into force. Among goods which import is assessed with increased taxes, engines for tractors, details for the railroads, trams and trains now and also cables. In reply the Chinese authorities have stated that they are forced to apply mirror measures which have begun to work at noon local time (7:00 on Moscow). Also Beijing has addressed with the complaint to the World Trade Organization. The ministry of commerce has explained this step with desire to guarantee multilateral trade and to protect the interests. The USA and China have begun to introduce increased taxes on goods of each other at the beginning of 2018. The American president Donald Trump who has accused Beijing of a dishonest game and complained of too big deficiency in bilateral trade balance has acted as the initiator. Now restrictions have affected goods with a total amount more than hundred billion dollars. Later other countries worldwide also have joined trade war. On August 22 Trump announced a trade victory over China. According to the president, the Chinese economy has slowed down growth and won't be able to displace American from the first place in the world any more. It is more than important news in Film of Day Telegram-channel. Subscribe!

URL:




Today

just now

Buyers of Sainsbury's retail network found in assortment means for an epilation which sees doctors only in a masculine gender. As reports Daily Mail, users of network accused the producer of sexism. W...

just now

The British wrestler Adrian Makkallam acting under a pseudonym Lion's Heart died at the age of 36 years. The Sun reports about it. Causes of death of the athlete are not established yet. A day before...

just now

The former forward of Russian national team and St. Petersburg Zenit has debts on alimony for the sum more than 15 million rubles. Data are available on the website of Federal Bailiff Service. On the...

just now

The American company SpaceX on platform 39A of the Space center of Kennedy (USA) carried out "fast" fire tests of Merlin 1D engines of a superheavy missile of Falcon Heavy, Teslarati reports. The edit...

just now

In Moscow area the former chief of office on fight against drug trafficking is arrested. About it on Thursday, June 20, Lenta.ru was reported by the official representative of investigation department...

just now

The President of Russia Vladimir Putin during a straight line said that the authorities do not plan to introduce restrictions in the Russian segment, and the adopted law on reliable RuNet has other ta...

just now

Information on what in one house different standards on heating can establish is not true. On Thursday, June 20, reported about it in the Ministry of Construction, Housing and Utilities of the Russian...

just now

In Zimbabwe two poachers died, running away from rangers. As the Nehanda Radio radio station reports, their car crashed into a goat. An incident occurred in the reserve Valley of the Bubi River, near...