US President Trump is going to expected to announce his first trade action against China on violation of US Intellectual Property Rights. Various media reports indicate that Trump directed US Trade Representative Robert Lghtthizer to recommend retaliatory measures against China’s violation of the US Trade Act. Trump, known for his economic nationalism, attacked China throughout his campaign for causing big trade deficit for the US economy. But even several months after he took over the charge of administration, Trump has not made a significant step to curtail China. Experts interpret that he was waiting to unearth a credible point to whip China without causing much di
The Hamburg meeting of the G20 has isolated the US President’s anti-climate stand on the Paris Accord. Leaders of the 20 developed and large developing countries who met for twelfth time since its formation in 1999, passed a declaration criticizing the US approach to climate protection. The final communique at Hamburg exposes US isolation: “We take note of the decision of the United States of America to withdraw from the Paris agreement.” Besides the rejection of the US stand on climate protection the communique reassured its stand on Paris: “The leaders of the other G20 members state that the Paris agreement is irreversible.” The US President Donal
China’s attempt to construct a border road at the trijunction with India and Bhutan and the tension out it is going unabated. Giving a fresh dimension to the border tension, Chinese media seems to be raising popular sentiments through unusual contents. The tabloid natured Global Times’ most read and most shared articles during the last one week was about the border tension. Similarly, its most tweeted post was the deployment of a new tank in Tibet that according to the Chinese military, is superior to Indian tanks. Despite the Hong Kong developments where the President is engaged, the media was able to deviate popular attention to the border areas. Historically
London based Financial Times reported that Qatar has paid $1 billion to two terrorist groups that have bases in Iraq and Syria to release its royal family members. The deal according to the newspaper took place in April when 26 members of a Qatari falconry party in southern Iraq were made hostages. The ransom payment to was made to two blacklisted entities in the Middle East – an al-Qaeda affiliate and Iranian security officials. The big money paid to the Iranians and the al Qaeda militants has irked Saudi Arabia and other Arab countries who always had suspicion about the way in which Qatar played its politics, having connection with various militant groups. Ranso
A short-term rift in the Arab world has surprised Middle East politics as Saudi Arabia and five other Muslim countries cut ties with Qatar over its reported tie with Arab world’s undeclared rival – Iran and extremist groups. Joint communique by Saudi Arabia, Egypt UAE and Bahrain accused Qatar supporting Islamists and Iran. Yemen and Maldives joined the Saudi effort later. The Arab state’s action comes two weeks after the US President Donald Trump’s visit to the region that hinted a strengthening relationship between the US and the Arab world; sidelining Iran. US President also urged gulf to drive out extreme forces while buying the Saudi argument that Ira
The US President’s pull-out statement from Paris deal has created a resurgence of support for the deal from various parts of the world except from Russia. Unlikely partners on several issues - China and EU agreed a “green alliance” to take over leadership of the global climate agenda at their Brussels meeting. Donald Tusk, the European Council President, said EU and Beijing agreed to accelerate reduce harmful emissions. China is the world’s largest polluter followed by the US and the EU. Germany's Chancellor Angela Merkel who clashed with Mr Trump few weeks ago has made strong commitment towards Paris. “I say to everyone who values the future of
President Trump, who has become a dissident of major global agreements has indicated US withdrawal from the Paris Climate deal. US is world’s leading carbon emitter and also benefitted big from the last phases of carbon led industrialisation. Making the dealation about the exit from the White House, Mr Trump described the Paris accord as an example of an international deal that hurt the US economy. Trump’s ‘America First’ campaign aims at protecting American workers and the climate deal is against it according to him. If the US goes ahead with the exit, the 2015 December signed Paris deal, which is aimed to restrict polluting industries for cutting emissio
Indicating the rising dominance of various terrorist groups in the entire Afghanistan, capital Kabul has got one of the biggest bomb explosion in recent years, hitting the diplomatic areas. Around 80 persons are reported dead so far and several hundreds injured in the explosion that took place at Zanbaq square, in Kabul's 10th district, which is a highly secure area near to many government offices and foreign embassies. The bomb explosion took place 8.25 in the morning. Various embassies situated around the site are assessing the damage level. Surprisingly, the attackers carried explosives in a truck implying huge quantity and thus raising questions about the security establishme
In a fresh development, on the just born trend of embracing protectionism, the IMF pledged to ‘fight global imbalances’, deviating from its conventional rhetoric on fighting protectionism. The global economic regulator’s slanting towards US sponsored economic nationalism came at the end of the International Monetary and Financial Committee (IMFC) meeting. The IMFC is a steering body of the Fund. The communique from the IMFC, released Saturday in Washington, said that officials “are working to strengthen the contribution of trade to our economies”. The term global imbalances indicate displeasure of China’s continuing high trade surplus that cre
Going with the promise of ‘Buy American and Hire American’ election propaganda, President Trump issued an executive order asking for the revision of the H 1B Visa programme. The executive order that is largely expected has ordered federal agencies to look at tightening the H-1B visa programme used to bring high-skilled foreign workers to the US. The H-1B visas are intended for foreign nationals in occupations that generally require higher education, including science, engineering or computer programming. Supporters of Trump points out that the move will ask administrative wings to stop US jobs going to the foreign hands. Only highly skilled jobs can be filled by the f
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