You might recall that yesterday, we told you that President Donald Trump told The Wall Street Journal that he was considering imposing a tariff on mobile phones imported from China.
Investors are looking out for this weekend's highly anticipated meeting between Mr Trump and Chinese President Xi Jinping at the G20 summit in Argentina - and whether they take any concrete steps to resolve their countries' trade dispute. The new tariff could be either 10% or 25%, the president said.
U.S. President Donald Trump is open to reaching a deal on U.S.
Apple, which is now exempt from the existing tariffs, didn't comment to the WSJ, but has suggested to US trade authorities that tariffs would put the California-based company at a disadvantage against competitors overseas and that it could mean higher prices for USA consumers.
Trump's comments to the Wall Street Journal that he may include Apple's signature product in another round of tariffs on Chinese imports are another blow for Chief Executive Officer Tim Cook. Tiankai said that Washington's trade tensions with China, including numerous other countries, could lead to negative repercussions worldwide.
The Federal Reserve should be even more attentive to new economic data as its gradual interest-rate hikes edge it ever closer to a neutral stance, Federal Reserve Vice Chair Richard Clarida said on Tuesday.
'The main issue is how to settle down the trade war, ' the official said on condition of anonymity due to the sensitive nature of preparatory negotiations. Chinese manufactured products account for 61.6% of the consumer electronics imported into America.
"I don't want to go overboard, but he's indicated some optimism".
Last week, Washington proposed stepping up scrutiny over technology exports in 14 key high-tech areas including artificial intelligence and microprocessor technology, a move many analysts believe was directly aimed at China.
'We can buy from Japan and South Korea or develop our own.
"They have to open up China to the United States". Over the last year, the two countries have levied a series of tariffs on hundreds of billions of dollars of imports from one another, with the latest round of USA duties set to go into force in the new year. Once the chain is broken, the United States would be affected too'.
USA stands with India in their quest for justice: Trump on 26/11
To honour the memory of the victims, a moment of silence was observed by the attendees followed by lighting of candles. The Ministry said, India will continue its efforts to bring justice to the families of the victims and the martyrs.