India and China ready for 'LONG TERM' Tariffs as U.S. and E.U. seeks a deal

The United States has underestimated the Chinese people’s will and Beijing is prepared for a long economic tow, an influential Chinese journal said on Sunday.

they would not give way on major principles in its negotiations with the United States.

U.S. President Donald Trump’s top economic advisor, Kudlow, said on Thursday the economic burden of tarrifs would shift to China.

India, According to a notification issued by India’s Ministry of Finance duties on 28 US products that the South Asian country has been eying but delayed for the past two years in anticipation of bilateral talks, became effective on Sunday

As India is one of the major exporters of these goods to the US, Washington’s decision has revenue implications of about $240 million on Indian steel and aluminium products, prompting the country to denounce the move.

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