Trade War


Cochin Port sees 30% dip in Chinese imports; customs revenue shrinks

With the India-China border crisis escalating to a trade friction between the two countries, Cochin Port has witnessed as much as 30 per cent reduction in imports from China in just under one month. Due to prevailing uncertainties due to delayed movements of the consignments, many traders themselves have opted to reduce the Chinese imports. Simultaneously, customs duty revenue has taken a hit due to reduced imports from China....

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Donald Trump’s new tariff threats not expected to derail China trade deal, but Beijing may want to play for time

China will not cancel its phase one trade deal with the United States despite fresh tariff threats by US President Donald Trump, analysts say, but it may seek to postpone its commitments amid the global economic slowdown. Trump linked US-China trade war politics to accusations that China had covered up and mismanaged the outbreak of Covid-19, which has grown into a global pandemic, in an interview with Fox News on Sunday....

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Chinese firms accused of dodging tariffs through ‘phantom trade’

By Lizzy Burden Jan 20 2020 / The Telegraph Chinese firms may be dodging billions in US tariffs by clandestinely channelling trade through other countries. Euler Hermes, which insures payments to exporters, shows in its annual global trade report that Asian exporters thought to have been winners in the trade war – taking the place of China as alternative exporters to the US – could be illegally rerouting goods...

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China’s exports fall again in November as trade war continues to bite

China’s exports fall again in November as trade war continues to bite

By Finbarr Bermingham Dec 8 2019 / South China Morning Post Shipments down 1.1 per cent in month, but imports grow for first time since April Figures come just a week before US is set to impose fresh tariffs on imports of Chinese goods China’s exports in November fell 1.1 per cent from a year earlier, marking a fourth successive monthly decline as the pain of the trade war...

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China says no 'time limit' on trade deal

China says no ‘time limit’ on trade deal

Dec 4 2019/ CNA BEIJING: China echoed comments from President Donald Trump Wednesday (Dec 4), saying there was no deadline for signing a US-China trade deal, as tensions spiked between the two countries over human rights issues. On Tuesday, Trump warned that efforts to resolve the spat between the world’s top two economies could continue until after next November’s US election, triggering a selloff in global markets. When asked...

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