Connect with us

INDIA

China Retaliates Trump’s Tariffs, Sanctions US Firms, Initiate Action In WTO

Published

on

China Retaliates Trump’s Tariffs, Sanctions US Firms, Initiate Action In WTO


China on Tuesday retaliated US President Donald Trump’s imposition of 2nd round of ten per cent tariffs on its export by slapping an additional 15 per cent tariffs on American goods and initiated legal action against Washington in WTO while leaving the door open for talks to address each other’s concerns.

China will impose additional tariffs on some products imported from the United States, effective from March 10, the China’s Customs Tariff Commission said Tuesday.

An additional 15-per cent tariff will be imposed on imported chicken, wheat, corn and cotton originating from the US, it said in a statement.

Sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables and dairy products will be subject to an additional 10-per cent tariff.

Additionally, China decided on Tuesday to add 10 US firms to the country’s unreliable entity list and take corresponding measures against them. They include a number of companies linked to defence and security besides AI, aviation, IT and “dual-use” items that carry both civilian and military applications.

Also, China has initiated legal action against the US under the World Trade Organisation (WTO) dispute settlement mechanism regarding the latter’s latest tariff increase on Chinese products, the Ministry of Commerce said Tuesday.

China’s retaliatory actions followed after the US imposition of an additional 10-per cent tariff on products imported from China, effective from March 4.

The unilateral imposition of tariffs by the US undermines the multilateral trading system, increases the burden on American businesses and consumers, and erodes the foundation of China-US economic and trade cooperation, the commission said.

Trump’s announcement of a second round of 10 per cent tariffs on Chinese exports to the US coincides with the opening of China’s annual parliament session.

The twin sessions consisting of the Parliament, the National People’s Congress and the advisory council, the China People’s Political Consultative Conference (CPPCC) were opened on Tuesday.

While NPC began with the customary press conference by its media spokesperson, the CPPCC held its opening session.

The NPC will begin its session on Wednesday, during which Premier Li Qiang will submit the work report, which will include the annual budget.

Trump’s tariffs loomed large on the parliament session as the US was one of the biggest importers of Chinese goods.

Chinese exports to the US constitute nearly 15 per cent of China’s global trade.

In 2023, the trade between the US and China amounted to USD 575 billion. This included USD 427.2 billion of China’s exports to the US and USD 147.8 billion of American exports to China.

Trump said his ten per cent new tariffs on goods from China will come into force on Tuesday, the day the NPC opens its session.

Already, Chinese goods were hit by 10 per cent tariffs by Trump after he began his second tenure, demanding China to address US concerns over fentanyl, a potent opioid drug blamed for widespread drug addiction in the US.

During his election campaign, he threatened to slap 60 per cent tariffs.

While retaliating, China, however, urged the US to work with it to resolve trade disputes through equal-footed consultation.

Commenting on Trump’s tariffs in his press briefing, Lou Qinjian, spokesperson of the NPC, said the US unilateral tariff move violated the WTO and disrupted the security and stability of global industrial and supply chains.

China stands ready to work with the US to address each other’s concerns through dialogue and consultation on the basis of mutual respect, equality, reciprocity and mutual benefit, but “will never accept any act of pressuring or threatening,” Lou said.

“We will firmly defend our national sovereignty, security and development interests,” he said.



Source link

INDIA

IPL 2025: Can Misfiring SRH Overpower Resurgent Mumbai Indians?

Published

on



Hyderabad: The misfiring Sunrisers Hyderabad will hope for a happy homecoming when they take on a resurrected Mumbai Indians here on Wednesday, eyeing a much-needed victory to revive their campaign in the Indian Premier League.

With only two wins in seven outings, SRH are in a desperate situation. Their power-packed batting has let them down more often than not while their bowlers are not making any strong impression either.

That SRH are a one-dimensional side has been proven by the manner in which it has struggled on slow and turning pitches.

SRH batters thrive on flat wickets which produce high-scoring contests and having a favourable surface against MI would give the them the best chance to find some momentum.

Abhishek Sharma and Travis Head will have their task cut out against MI given SRH’s chances of winning hinge, to a large extent, on the left-handed opening pair. Their success in the powerplay defines the team’s fortunes in a contest.

Abhishek smacked a 55-ball 141 in his last outing here against Punjab Kings to record the highest individual total for any batter in this IPL.

There will be, however, some concerns around Head who hasn’t gone all guns blazing like he usually does and SRH will want their Australian star to be at the top of his game.

A defeat would put SRH in a tough situation.

For Mumbai Indians, it is a perfect opportunity to test their resurgence in an away game before they return home to face Lucknow Super Giants in Mumbai on Sunday.

Mumbai Indians have put their disappointing start to the IPL behind with three consecutive wins.

The five-time champions are coming off a massive nine-wicket hammering of Chennai Super Kings on a batting-friendly wicket on which they went over the line chasing a target near 180 with more than four overs to spare.

Rohit Sharma’s sensational 76 not out and Suryakumar Yadav’s 68 not out with all his trademark shots coming out fluently signalled the return to form of MI’s two batting pillars.

Tilak Varma did not get to bat against CSK but the left-hander has been in prime form, while Naman Dhir has shown signs of hitting his strides as a finisher alongside skipper Hardik Pandya.

Jasprit Bumrah hasn’t been at his menacing best when it comes to taking wickets but the ace India bowler has begun nailing his line and lengths perfectly.

This could be a warning sign for the SRH batters given MI tend to use Bumrah more strategically, with Trent Boult and Deepak Chahar sharing the new ball.

Head-to-head record:

Mumbai Indians boasts a good head-to-head record against Sunrisers Hyderabad. The team has won 14 out of their 24 matches.

In their last encounter in Mumbai on a tricky Wankhede pitch favored the hosts as MI registered a four-wicket win exposing SRH’s frailties in challenging conditions.

Winning Probability:

The pitch at the Ragiv Gandhi International Cricket Stadium in Uppal is traditionally flat and a batting haven. The nature of the surface could have a bearing on the outcome with SRH’s two wins here coming on flat decks ensuring run-fests in their contests against Rajasthan Royals and Punjab Kings earlier. However, the Pat Cummins-led outfit has lost two home matches too.

A confident Mumbai, on the other hand, is improving by the day. With the addition of Bumrah and Rohit Sharma finding form, Hardik-led side would be walking into the game as favorites.

Teams (from):

Sunrisers Hyderabad: Pat Cummins (c), Ishan Kishan (wk), Atharva Taide, Abhinav Manohar, Aniket Verma, Sachin Baby, Smaran Ravichandran, Heinrich Klaasen (wk), Travis Head, Harshal Patel, Kamindu Mendis, Wiaan Mulder, Abhishek Sharma, Nitish Kumar Reddy, Mohammed Shami, Rahul Chahar, Simarjeet Singh, Zeeshan Ansari, Jaydev Unadkat, Eshan Malinga.

Mumbai Indians: Hardik Pandya (c), Rohit Sharma, Suryakumar Yadav, Robin Minz, Ryan Rickelton (wk), Shrijith Krishnan (wk), Bevon Jacobs, Tilak Varma, Naman Dhir, Will Jacks, Mitchell Santner, Raj Angad Bawa, Vignesh Puthur, Corbin Bosch, Trent Boult, Karn Sharma, Deepak Chahar, Ashwani Kumar, Reece Topley, VS Penmetsa, Arjun Tendulkar, Mujeeb Ur Rahman, Jasprit Bumrah.

Match starts at 7:30pm IST.



Source link

Continue Reading

INDIA

Bomb threat at Kerala High Court turns out hoax

Published

on


An email threatening that a bomb has been planted in the Kerala High Court on Tuesday afternoon turned out to be a hoax. The court registrar received the threatening email, following which the Kochi City police were alerted. But a detailed examination of the court premises found nothing suspicious, the police said.



Source link

Continue Reading

INDIA

Caste census: Dominant castes’ real fear is over political power dynamics at the grassroots

Published

on


A file photo of the Socio-Economic and Educational Survey being conducted in Mandya.

The release of the population data of castes/sub-castes in Karnataka, as part of the Socio-Economic and Educational Survey (popularly called caste census), has generated much political heat. Though the dominant Vokkaliga and Veerashaiva-Lingayat communities have termed the survey “unscientific” and have called for a new survey, the real underlying fact is the fear among the communities over a possible change in the political landscape and power dynamics between castes at the local level.

Political dominance in most places depends on the sway that certain castes hold locally. The numbers that have now been published are likely to allow the other backward classes (OBCs) to challenge the dominance of a community, which the land-owning Vokkaliga or Veerashaiva-Lingayats normally hold.

In ticket distribution

“Feudal structure at the grassroots can get shaken. If other castes come together, these traditional structures will also come under pressure. Political parties may also start looking at the numbers carefully and distribute the ticket,” said P.R. Ramesh, former Congress MLC. “A big political implication from the published data can be that the parties could try social engineering and justice in the distribution of ticket.”

The 2015 survey by the Karnataka State Commission for Backward Classes puts the percentage of the Vokkaliga and Veerashaiva-Lingayat communities, which have so far dominated the State’s politics, of the total population in the State to be 10.29 and 11, respectively, far below their claimed figure of about 13% to 15% and 17% to 22%, respectively.

In the current classification of the backward classes, barring about 24 castes among the about 197 castes/550 sub-castes classified as backward class in the State, the rest have had no political representation so far in the Assembly or Parliament through elections, commission sources said. Though many castes get represented in local bodies, there are still castes that have not had any representation at any level.

No money, no numbers

“It has been observed that many of the castes do not have adequate population or money power. Parties do not distribute the ticket to leaders from such castes, which results in a lack of representation. Leadership has also not evolved in such communities,” said K.N. Lingappa, a member of H. Kantharaj commission, which conducted the survey.

Acknowledging the fear of power structure altering on the ground, Akhila Bharatha Veerashaiva Mahasabha secretary H.M. Renuka Prasanna said, “We also fear that the same population data could be used for reservation in local bodies. Already, with 50% reservation in local bodies, efforts are made to reserve the Veerashaiva-Lingayat community-dominated wards to other communities and keep the wards where the caste population is not dominant in the general category. This will reduce the chances of candidates from the community winning elections. Our political representation will come down drastically.”

Delimitation exercise

He also blamed the delimitation exercise, after which the State went to the polls in 2008, for reducing the number of Veerashaiva-Lingayat legislators in the Assembly. “As many as 24 constituencies that Lingayat legislators would win were reserved, including five each in Raichur and Ballari districts. Today, in Ballari, which produced several Lingayat leaders, Lingayats cannot win even one seat,” he claimed.

The fear of both Vokkaligas and Lingayats remains common, and a Vokkaliga leader in the Janata Dal (Secular) said that once the number of winnable constituencies gets reduced, it automatically influences the power structure. “In local bodies, the position of president and vice-president is also reserved. If the number of winnable wards is reduced, the total number of elected representatives from the community also gets reduced. The claim on the president or vice-president posts becomes difficult.” The political manoeuvres become difficult at the local level if the number of other castes are also big, he said.



Source link

Continue Reading

Trending

Copyright © 2025 Republic Diary. All rights reserved.

Exit mobile version