Monday , July 23 2018

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India proposes safeguard duty on China, Malaysia solar cells

Bloomberg India has recommended imposing a 25 percent safeguard duty on solar cells from China and Malaysia, saying the overseas supplies have caused or threatened “serious injury” to domestic manufacturers. Under the proposed plan, the safeguard duty would be applicable for two years, India’s Directorate General of Trade Remedies, a ...

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Trump’s Putin defense elicits backlash from Republicans

Bloomberg President Donald Trump’s equivocation on US intelligence agencies during a news conference with Russian leader Vladimir Putin triggered the most intense backlash from Republicans of anything he’s done since winning election in 2016. Republicans who looked past the release of his recorded his refusal to denounce neo-Nazi protesters, or ...

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US hits back at allies, China on metal tariffs in WTO move

Bloomberg The Trump administration is hitting back at what it considers unjustified retaliatory tariffs that were imposed in response to US steel and aluminum duties. The US Trade Representative said it launched formal challenges at the World Trade Organization (WTO) against China, the European Union, Canada, Mexico and Turkey for ...

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Amazon founder is richest man in modern history

Bloomberg Jeff Bezos is the richest person in modern history. The Amazon.com Inc. founder’s net worth cracked $150 billion in New York, according to the Bloomberg Billionaires Index. That’s about $55 billion more than Microsoft Corp. co-founder Bill Gates, the world’s second-richest person. Bezos, 54, also has topped Gates in ...

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