Washington sources reported that an official announcement was expected on Friday, an informed source told on Thursday that Trump's approval came after a meeting on Thursday with top economic officials, including Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and US Trade Representative Robert Lighthizer.
Moreover in response to the development, Chinese Foreign Ministry spokesman Geng Shuang reiterated that Beijing would not honor its pledge to increase purchases of US goods if tariffs were imposed. Earlier Beijing said it would respond to American tariffs on $50 billion worth of Chinese exports with retaliatory tariffs on $50 billion of US products such as cars, planes and soybeans.
Furthermore for months, Trump has slow walked threats of tariffs against
China as punishment for intellectual property theft. Accordingly he first
announced that the US would impose trade penalties on about $50 billion of
Chinese goods in March. Moreover the countries said in a joint statement that
China would "significantly increase" purchases of US agricultural and
energy products to reduce the trade imbalance, a top Trump administration
demand. Mnuchin subsequently declared the trade war "on hold".
Will Pawan Kalyan contest from Eluru Constituency? Accordingly Eluru' constituency is one sentimental seat for the people of Andhra Pradesh as this West Godavari capital carries the lucky charm that whoever wins as MLA at this constituency, his party will be in power throughout the state. Meanwhile that is the reason, some say, for Pawan Kalyan thinking to contest from here.
- TN CM announced Rs. 10 lakhs for families of deceased hit by Cyclone Gaja
- California's deadliest wildfires soared to more than 600, Trump to make his visit
- Granddaughter of TDP founder & late Chief Minister NT Rama Rao get TDP ticket
- Will forecast come true for TRS & give KCR another chance to rule Telangana?
- TN govt against Gaja!
- Secret pregnancy revealed by actor!
- Post Gaja, there's another threat!
- Vedaranyam heavily impacted by Gaja!
- Chandrababu Naidu leaving no leaf unturned to take on Modi
- Arvind Kejriwal to campaign in Telangana for AAP candidates
- Wedding Photos of Deepika Padukone & Ranveer Singh leaked out
- Will KTR quit politics, if TRS lost Elections?
- Cyclone Gaja crossed Tamilnadu coast between Nagapattinam & nearby Vedaranniyam
- PM Modi felicitated winning teams of Singapore-India Hackathon
- Social Activist Trupti Desai urged PM ensuring security for her visit to Sabarimala Temple