RETALIATORY MOVE
US 'moving forward' with 500-pound bombs for Israel
The United States is resuming the delivery of 500-pound bombs to Israel after pausing over concerns about the use of 2,000-pound munitions in populated areas. This decision follows a halt in May due to fears related to an Israeli operation near Rafah in Gaza. Despite previous tensions, both sides have indicated progress in resolving differences. The U.S. remains a key military supporter of Israel but has expressed concerns over civilian casualties amid ongoing conflict with Hamas in Gaza.
Chinese automakers seek retaliatory tariffs on EU cars, state media reports
Industry insiders say both Europe and China have reasons for wanting to strike a deal in the months ahead to de-escalate tensions and avoid the addition of billions of dollars in new costs for Chinese EV makers, as the EU process allows for review.
India has option to propose retaliatory duties on EU's safeguard measures on some steel products
New Delhi, India can propose retaliatory customs duties under WTO norms on EU imports due to disagreement over EU safeguard measures on steel products. EU extended safeguard duties on steel imports till 2026, affecting India's steel exports to the EU.
Other countries may follow suit after Biden's latest tariff on Chinese imports: CareEdge Ratings
US President Joe Biden, in a move that is seen as a protectionist measure to reduce trade imbalance, earlier this month, imposed heavy tariffs on Chinese products, including batteries, EVs, steel, solar cells, and aluminium. These tariffs encompass a 100 per cent tariff on electric vehicles, a 50 per cent tariff on semiconductors, and a 25 per cent tariff on electric vehicle batteries imported from China.
Russia expels British defense attache in a tit-for-tat move
Russia declared Britain's defense attache persona non grata and expelled Maxim Elovik over espionage allegations. Tensions between the UK and Russia involve cyberattacks, targeted killings, and Russian interference in Ukraine. Britain sanctioned wealthy Russians and tightened regulations on money laundering.
Israel says 'moving ahead' with Rafah operation in Gaza
Israel persists with Hamas operation in Rafah despite global outcry. Netanyahu aims to destroy Hamas in Gaza, rejecting ceasefire. Concerns over civilian impact of military assault in Rafah.
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Donald Trump defends increasing tariffs on Chinese imports, dismisses retaliatory move threat
Trump also laid out some of his financial priorities and defended his planned 10% across-the-board tariffs, saying any resulting price increase for families could be offset by tax cuts and calling for his 2017 tax cuts to be extended.
Iran asks Islamabad to shut down border terror camps
The Iranian foreign ministry in a strongly worded statement affirmed that it considers "the security of the people and territorial integrity of the country as its red line and seriously expects the friendly and brotherly government of Pakistan to fulfil its commitment to prevent terrorist groups" to use "Pakistan's soil" as their bases.
Experts, intellectuals react to Pakistan's retaliatory attack on Iran, express caution with hope for de-escalation
Pakistan's former high commissioner to India Abdul Basit highlighted the need to find a diplomatic solution, and said Pakistan cannot include Iran in the same "category" as India.
US, British militaries launch massive retaliatory strike against Iranian-backed Houthis in Yemen
President Joe Biden said the strikes were meant to demonstrate that the U.S. and its allies “will not tolerate” the militant group’s ceaseless attacks on the Red Sea. And he said they only made the move after attempts at diplomatic negotiations and careful deliberation.
US welcomes India's move of reducing tariffs on agricultural products
These cuts in tariffs are expected boost the economic opportunities for the US agricultural producers in the key market and also help bring additional products from the US to the Indian customers.
Mehbooba Mufti asks PM to reconsider move to remove additional duties on apples, walnuts imported from US
PDP president Mehbooba Mufti has urged Prime Minister Narendra Modi to reconsider the decision to remove additional duties on imported apples, walnuts, and almonds from the US. Mufti stated that this decision will have a devastating impact on the horticulture industry in Jammu and Kashmir, which is already facing significant losses. The government had previously imposed these additional levies in 2019 as a retaliatory measure to US tariffs on certain steel and aluminum items.
No loss to country on removal of US retaliatory tariffs: Govt tells Parliament
India has removed retaliatory customs duties on eight US products. Among these were almonds, walnuts, and chickpeas as the country looks to resolve its trade disputes with the US. Retaliatory charges had been imposed on 28 US products in response to America's decision to levy extra import taxes on certain steel and aluminium products. The most-favoured nation tariff rates now apply to all countries.
No loss to India due to removal of retaliatory customs duties on eight US products: Minister
India has agreed to remove retaliatory customs duties it imposed on eight US products including apples and lentils. The duties were imposed by India in retaliation to the US raising import duty on steel and aluminum. Indian Minister of State for Commerce and Industry Anupriya Patel said in a written reply to the Rajya Sabha that “the removal of retaliatory tariffs or cuts in import duty with the US does not result in a loss to India."
20 pc retaliatory duty removal on American apple imports to have 'zero' impact on Indian farmers: official
India's decision to remove retaliatory tariffs on US apples, imposed in 2019 in response to the US increasing tariffs on certain steel and aluminium products, will not have any negative impact on Indian farmers. The decision to remove these additional duties was part of an agreement reached between India and the US during Modi's visit to USA.
China expels Canadian diplomat in retaliatory move
Canada expelled Chinese diplomat Zhao Wei on Monday after an intelligence report accused him of trying to target a Canadian lawmaker critical of China's treatment of its Uyghur Muslim minority. "We will not tolerate any form of foreign interference," Canadian Foreign Minister Melanie Joly said on Monday.
Bans on RSS, Maoists were not effective: Left parties on Centre's move against PFI
In a statement, the CPI(M) alleged that the PFI and the RSS have been engaged in killings and retaliatory killings in Kerala and coastal Karnataka, vitiating the atmosphere to create communal polarisation.
India proposes 15 pc retaliatory duties on 22 items imported from UK
In a communication to the World Trade Organisation (WTO), India said it is estimated that the safeguard measures taken by the UK on steel products have resulted in the decline of exports to the tune of 2,19,000 tonnes on which the duty collection would be USD 247.7 million.
Finland moves toward joining NATO amid Russian threats
Finland’s president and prime minister announced that the Nordic country should apply right away for membership in NATO, the military defense pact founded in part to counter the Soviet Union.
Russia expels 18 from EU's Moscow mission in retaliatory move
The EU on April 5 declared the 19 Russian diplomats personae non gratae for "engaging in activities contrary to their diplomatic status" and ordered them to leave host nation Belgium.
Kremlin says Europe expulsions of diplomats 'short-sighted move'
"Narrowing down opportunities for diplomatic communication in such an unprecedentedly difficult crisis environment is a short-sighted move that will further complicate our communication, which is necessary to find a solution," Kremlin spokesman Dmitry Peskov told reporters.
Errant Indian missile nearly led to Pakistan retaliatory strike
Pakistan had prepared to launch a similar missile to strike India but held back because an initial assessment indicated something was amiss, people familiar with the matter said. The Indian missile ended up damaging some residential property but caused no casualties.
With Ukraine war, Europe's geopolitical map is moving again
The Russian invasion of neighboring Ukraine and the humanitarian tragedy it provoked over the past two weeks have raised a Western outcry of heartfelt support and spawned calls for a fundamental rethink of how the geopolitical map of Europe should be redrawn in the future.
US retailers, food, apparel cos oppose retaliatory tariffs
At least four US industry associations have opposed a move to impose additional tariffs on Indian goods in retaliation to the equalisation levy, citing economic harm to their businesses, workers and consumers.
India to tell America to drop retaliatory tariffs set in motion by equalisation levy
This comes days after the USTR proposed a retaliatory trade action — of up to 25% tariffs on basmati rice, sea foods and gold — against India for imposing equalisation levy on certain American companies.
Govt, exporters hope USTR goes slow on retaliatory levy
The US has indicated that it may not rush ahead with the move against India, although it has sought public comments.
China bans BBC news broadcasts in apparent retaliatory move
The Chinese government has criticized recent BBC reports on the COVID-19 pandemic in China and on allegations of forced labor and sexual abuse in the Xinjiang region, home to the Uighurs and other predominantly Muslim ethnic groups.
UNSC should not be misused with 'retaliatory intent' to name innocent civilians as terrorists: India
First Secretary and Legal Adviser in India's Permanent Mission to the UN Yedla Umasankar said the fight against terrorism has to be unrelenting and across all fronts and the flow of resources to terror-linked entities needs to be completely stopped by collective inter-state efforts.
WTO to decide on India’s retaliatory tariffs
This comes after India had on September 30 blocked a US request to set up a panel to settle its disagreement over the issue of retaliatory import tariffs on 28 US products.
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