China and 5G are the reasons, according to analysts, that U.S. President Donald Trump scuttled the largest ever tech deal of $117 billion. The White House cited “credible evidence” that the deal would potentially “impair the national security of the… Read More ›
Geopolitics
23 Russian Diplomats To Be Expelled From U.K. For Alleged Nerve Gas Attack On Former Russian Agent
British Prime minister Theresa May announced on Wednesday that as a fall out of the nerve toxin attack on a Russian former double agent in southern England, 23 Russian diplomats would be expelled from the U.K. Britain would reduce its… Read More ›
Donald Trump aims to target Chinese IT, consumer electronics and telecom goods in latest push to balance bilateral trade
While the U.S. Administration’s effort to reign in China’s aggressive trade policy which aims to subplant foreign technologies with domestic ones, it will have to streamline its apprach since its imposition of metal tariffs have largely undermined support from Europe…. Read More ›
U.S. President Donald Trump blocks Broadcom Ltd’s acquisition of Qualcomm Inc
The strategic move by U.S. President Donald Trump, on national security concerns, effectively blocks China’s Huawei from being a dominant player in the emerging 5G mobile cell phone technology and allows other major players level-playing grounds in the setting up… Read More ›
Indian Tariffs on Solar Panels Ultimately to Hurt India’s Solar Targets?
A target of generating enough solar power to provide energy to 16 million homes by 2022 is a target for India which would transform the country in a solar power house. While offering financial incentives to companies building solar panels,… Read More ›
Britain based financial services likely to have limited market access to EU’s single market regime
The services of London-based financial services, including funds, banks and insurers are likely to be capped in their access to EU’s single market regime. Bloomberg has reported, citing a draft document, that the European Union plans on providing British-based financial… Read More ›
EU readies duties salvo to Trump’s import duty broadside
The European Commission has readied a list of U.S. products which could see a rise in import duty if the U.S. Administration delivers on its threat of imposing 10% import duty on EU aluminum and 25% import duty EU Steel…. Read More ›
Lobbyists, business groups and farmers urge Republican lawmakers to vote against higher import tariffs on steel and aluminum
Although the reasons why the U.S. Administration is pushing for higher import duties on steel and aluminum may be justified, it will have to time the imposition of tariffs since trade wars and higher import tariffs don’t gel well in… Read More ›
Businesses will be able to avail of lower import tariffs
Peter Navarro, director of the White House National Trade Council, has clarified that the Trump Administration’s imposition of stiff trade tariffs will include exceptions for businesses for lower import tariffs on aluminum and steel. A top trade adviser to U.S…. Read More ›
Trump’s proposed steel tariffs complicates NAFTA negotiations
The business of manufacturing cars in North America for North Americans is going to be an expensive affair, post Trump’s steel tariff hike. Negotiators working to rework the NAFTA trade deal were caught off-guard by U.S. President Donald Trump’s proposal… Read More ›