By Admin 
China on us tarifs: The thing that was being speculated between America and China amidst heavy trading tension, after all, it seems to be proved to be true. The benefit of this entire controversy seems to be a sign of getting India. Beijing told New Delhi that it is ready for importing more and more premium goods of India. Not so much, he has also said that the Chinese market is ready to fully help the Indian business.
According to a report, the trade deficit between the two countries has increased by nearly $ 99.2 billion. In the exclusive interview given to TOI, Chinese Indian Ambassador Xu Feihong has also hoped that India will not discriminate against Chinese companies and will adopt completely transparency.
China now supports India
He also cited PM Modi’s recent statement, in which the Indian Prime Minister had said that competition would not be allowed to be converted into struggle. Shoo Fihong further said that negotiations are necessary for permanent and collaborative relations and China is ready to welcome PM Modi’s warmth at the Shanghai Cooperation Summit this year.
On the question of America’s reciperook tariff, the Chinese ambassador said that it is the responsibility of China and India to unite and protest both countries of any manner of integrity and protectionism. Along with this, he also responded to people’s contact with people to increase India’s concerns about China’s export control on manpower and equitupping, the role of Brahmaputra River and the role of media and mutual cooperation.
Trump’s bet turned upside down
Significantly, on April 2, US President Donald Trump announced to impose recipes on countries around the world. After his decision, there was panic in the stock markets around the world and crashed badly. Billions of dollars of investors were drowned in this. In view of this loss of the economy, the tariff was banned for 90 days by Trump. But China was excluded from that ban.
China, while taking action, increased the tariff over the US, while the US also increased the tariff on Beijing. However, now Trump said that he is ready to negotiate this entire issue with Beijing. The direct impact of this trade war is visible on the US dollar, the price of which is continuously falling. In such a situation, by confidence of the investors, Trump has forced to think again on his step.
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