China has launched a trade dispute at the World Trade Organization against the United States. The dispute is over its chip export control measures. Watch further to know more.

China challenges U.S. chip curbs at WTO

Top White House economic adviser Larry Kudlow said on Friday that a December&nbsp;15 deadline is still in place to impose a new round of US tariffs on Chinese consumer goods, but President Donald Trump likes where trade talks with China are going.

With about a week to go before the deadline amid "intense" negotiations, Kudlow said Trump would make the final decision on the import tariffs, which would hit Chinese-made cellphones, laptop computers, toys and clothing.

"There's no arbitrary deadline here ... but that fact remains December 15 is a very important date with respect to a no-go or go-on tariffs," Kudlow, the director of White House's National Economic Council, told CNBC. "It's going to be totally up to POTUS (the US president). But December 15th is an important date."

China earlier on Friday said it will waive import tariffs for some soybeans and pork shipments from the United States, contributing to a more positive tone in financial market sentiment about the talks.

Kudlow, speaking to reporters at the White House, described the waivers as "good mood music" for the negotiations between the world's two largest economies.

Washington and Beijing are trying to reach agreement on a 'phase one' trade deal that would cool a 17-month trade war that has roiled financial markets, disrupted supply chains and weighed on global economic growth.

China has demanded that some of the existing US tariffs imposed on about $375 billion worth of its exports be removed, in addition to cancellation of the Dec. 15 tariffs on some $156 billion of its remaining exports to the United States.

Trump has demanded that China commit to specific minimum purchases of US agricultural products, among other concessions on intellectual property rights, currency and access to China's financial services markets.

"We've all learned that if he is not satisfied with these talks ... then he would not hesitate to increase tariffs," Kudlow told Bloomberg Television.

Kudlow said the two sides have talked almost daily, but there are currently no plans for in-person talks or a signing ceremony between Trump and Chinese President Xi Jinping.

"None of those decisions have been made ... let's get a deal first and then we'll figure out how, when and where they'll do the signing."

Trump struck an upbeat tone on Thursday even after Chinese officials reiterated their stance that existing tariffs must come off as part of an interim deal to de-escalate the US-China trade war.

Financial markets have been bouncing up and down for weeks on shifts in rhetoric about the trade negotiations. On Friday, the mood was positive, helped by a strong jobs report and the more positive tone from Trump.

At midday, the major US stock indexes were all up around 1%, nearing the record highs they touched last week.

Top White House economic adviser Larry Kudlow said on Friday that a December 15 deadline is still in place to impose a new round of US tariffs on Chinese consumer goods, but President Donald Trump likes where trade talks with China are going.

Top White House economic adviser Larry Kudlow said on Friday that a December 15 deadline is still in place to impose a new round of US tariffs on Chinese consumer goods, but President Donald Trump likes where trade talks with China are going. With about a week to go before the deadline amid "intense" negotiations, Kudlow said Trump would make the final decision on the import tariffs, which would hit Chinese-made cellphones, laptop computers, toys and clothing. "There's no arbitrary deadline here ... but that fact remains December 15 is a very important date with respect to a no-go or go-on tariffs," Kudlow, the director of White House's National Economic Council, told CNBC. "It's going to be totally up to POTUS (the US president). But December 15th is an important date." China earlier on Friday said it will waive import tariffs for some soybeans and pork shipments from the United States, contributing to a more positive tone in financial market sentiment about the talks. Kudlow, speaking to reporters at the White House, described the waivers as "good mood music" for the negotiations between the world's two largest economies. Washington and Beijing are trying to reach agreement on a 'phase one' trade deal that would cool a 17-month trade war that has roiled financial markets, disrupted supply chains and weighed on global economic growth. China has demanded that some of the existing US tariffs imposed on about $375 billion worth of its exports be removed, in addition to cancellation of the Dec. 15 tariffs on some $156 billion of its remaining exports to the United States. Trump has demanded that China commit to specific minimum purchases of US agricultural products, among other concessions on intellectual property rights, currency and access to China's financial services markets. "We've all learned that if he is not satisfied with these talks ... then he would not hesitate to increase tariffs," Kudlow told Bloomberg Television. Kudlow said the two sides have talked almost daily, but there are currently no plans for in-person talks or a signing ceremony between Trump and Chinese President Xi Jinping. "None of those decisions have been made ... let's get a deal first and then we'll figure out how, when and where they'll do the signing." Trump struck an upbeat tone on Thursday even after Chinese officials reiterated their stance that existing tariffs must come off as part of an interim deal to de-escalate the US-China trade war. Financial markets have been bouncing up and down for weeks on shifts in rhetoric about the trade negotiations. On Friday, the mood was positive, helped by a strong jobs report and the more positive tone from Trump. At midday, the major US stock indexes were all up around 1%, nearing the record highs they touched last week.

Trump will make final call on China tariffs, likes direction of talks: Larry Kudlow

President <a href="https://www.wionews.com/world/top-white-house-ukraine-expert-says-trump-request-for-biden-probe-was-improper-263232">Donald Trump</a> on Tuesday warned that failure to get a trade deal with <a href="https://www.wionews.com/business-economy/us-china-trade-deal-hopes-restart-stocks-rally-260575">China will prompt more tariffs</a>.

"If we don’t make a <a href="https://www.wionews.com/business-economy/gold-prices-steady-as-us-china-trade-deal-doubts-linger-263135">deal with China</a>, I’ll just raise the tariffs even higher," he told reporters at the White House.

Trump's latest tough comment came as markets are watching intensely for signs of progress in the two economic superpowers' attempt to reach a so-called "phase one" partial deal taking the heat out of a growing trade war.

Predictions of a resolution have come and gone repeatedly as Trump veers from hints of imminent deals to declaring his satisfaction with the current standoff because the United States is pulling in billions of dollars in trade tariffs.

Sceptics say even a partial pact hinges on Trump rolling back existing tariffs, something his latest comment about increasing the duties would appear to put in doubt.

President Donald Trump on Tuesday warned that failure to get a trade deal with China will prompt more tariffs. "If we don’t make a deal with China, I’ll just raise the tariffs even higher," he told reporters at the White House.

President Donald Trump on Tuesday warned that failure to get a trade deal with China will prompt more tariffs. "If we don’t make a deal with China, I’ll just raise the tariffs even higher," he told reporters at the White House. Trump's latest tough comment came as markets are watching intensely for signs of progress in the two economic superpowers' attempt to reach a so-called "phase one" partial deal taking the heat out of a growing trade war. Predictions of a resolution have come and gone repeatedly as Trump veers from hints of imminent deals to declaring his satisfaction with the current standoff because the United States is pulling in billions of dollars in trade tariffs. Sceptics say even a partial pact hinges on Trump rolling back existing tariffs, something his latest comment about increasing the duties would appear to put in doubt.

Trump says China tariffs will go 'even higher' without deal

US President Donald Trump said on Thursday that US and Chinese negotiators were holding "productive" trade talks and expected them to meet in September despite US tariffs on over $125 billion worth of Chinese imports taking effect September 1.

US President Donald Trump said on Thursday that US and Chinese negotiators were holding "productive" trade talks and expected them to meet in September despite US tariffs on over $125 billion worth of Chinese imports taking effect September 1. "September, the meeting is still on as I understand it, but I think more importantly than September, we're talking by phone, and we're having very productive talks," Trump told reporters in New Jersey. He said US and Chinese officials had "a very good conversation" earlier this week before his administration delayed until December 15 tariffs on over $150 billion in Chinese imports, including toys, cell phones, and laptop and tablet computers. Nonetheless, China on Thursday vowed to counter the latest US tariffs on $300 billion of Chinese goods but called on the United States to meet it halfway on a potential trade deal. Trump said he did not think Beijing would retaliate for the US tariffs and that he believes China wants to make a trade deal. "I think we're having very good discussions with China. They very much want to make a deal," Trump told reporters. He said he had a call scheduled soon with Chinese President Xi Jinping, but he did not say when. "I think the longer it goes the stronger we get," Trump said of the trade war. "I have a feeling it's going to go fairly short," he said. The Chinese finance ministry said in a statement that Washington's tariffs violated a consensus reached between Trump and Chinese President Xi Jinping at a June summit in Japan to resolve their disputes via negotiation. In a separate statement, China's foreign ministry spokeswoman, Hua Chunying, said, "We hope the U.S. will meet China halfway, and implement the consensus of the two heads of the two countries in Osaka." China hopes to find mutually acceptable solutions through dialogue and consultation on the basis of equality and mutual respect, she added. Trump, who is seeking re-election in 2020 and had made the economy and his tough stance on China a key part of his 2016 campaign for the White House, on Thursday said any agreement must meet US demands. "China, frankly, would love to make a deal, and it's got to be a deal on proper terms. It's got to be a deal, frankly, on our terms. Otherwise, what's the purpose?" Trump said in an interview on New Hampshire radio station WGIR. The trade picture is further complicated by continuing unrest in Hong Kong. Trump on Wednesday tied the situation to any possible agreement, saying Xi must first resolve the issues in the territory with protesters. On Thursday, he used Twitter to call on the Chinese president to personally meet with protesters to spur "a happy and enlightened ending to the Hong Kong problem." Trump and Xi in June had agreed to restart trade talks after negotiations stalled earlier this year. But earlier this month, the Trump administration said it would slap duties beginning September 1 on $300 billion of Chinese goods, which would effectively cover all of China's exports to the United States. He said the partial delay to Dec. 15 for about half the list was aimed at sparing retailers and consumers pain during the Christmas selling season. The tariff plan has roiled global markets and further unnerved investors as the trade dispute between the world's two largest economies stretch into its second year with no end in sight.

Trump says China talks 'productive'; Beijing vows tariff retaliation

Indian stock indexes ended almost 1% higher on Wednesday, after Washington delayed tariffs on some Chinese imports, bringing relief to markets across Asia.

The benchmark NSE Nifty ended 0.95% higher at 11,029.40, while the benchmark BSE Sensex closed down 0.96% at 37,311.53.

Shares in Tata Steel Ltd, Jindal Steel and Power Ltd and Vedanta Ltd were among the top gainers on the NSE index, gaining amid a rise in commodity prices.

The Nifty metal index, which has slid nearly 24% since the beginning of the year, rose 2.3%.

Indian stock indexes ended almost 1% higher on Wednesday, after Washington delayed tariffs on some Chinese imports, bringing relief to markets across Asia. The benchmark NSE Nifty ended 0.

Indian stock indexes ended almost 1% higher on Wednesday, after Washington delayed tariffs on some Chinese imports, bringing relief to markets across Asia. The benchmark NSE Nifty ended 0.95% higher at 11,029.40, while the benchmark BSE Sensex closed down 0.96% at 37,311.53. Shares in Tata Steel Ltd, Jindal Steel and Power Ltd and Vedanta Ltd were among the top gainers on the NSE index, gaining amid a rise in commodity prices. The Nifty metal index, which has slid nearly 24% since the beginning of the year, rose 2.3%.

Nifty, Sensex end higher after Trump delays China tariffs

Chinese companies have stopped buying US agricultural products, China's Commerce Ministry said on Tuesday (August 06), a blow to US farmers who have already seen their exports slashed by the more than year-old trade war.

US farmers suffer 'body blow' as China slams door on farm purchases

India imposes tariffs on Almonds , 27 other U.S Products. California has more than 7,000 almond farmers. Farm products redirected to India due to China tariffs. California's almonds export to India valued at 650 USD. Watch this video to know more.

Trade war put almonds' farmers of U.S at risk

President Donald Trump warned Monday he will slap huge new tariffs on China if his counterpart <a href="https://www.wionews.com/business-economy/china-exports-grow-despite-us-tariffs-but-import-slump-most-in-nearly-three-years-225842">Xi Jinping </a>doesn't show up for a planned face-to-face meeting later this month and insisted the Chinese economy will never overtake the United States.

Trump delivered his hardline message ahead of the G20 summit on June 28-29 in Osaka, Japan, which could mark a turning point in the trade dispute between the world's two biggest economies.

Asked if a failure by Xi to come to the summit would lead to tariffs kicking in on a further $300 billion in Chinese imports, Trump told CNBC television,&nbsp;"Yes it would."

Trump said the meeting was "scheduled" and that he expects Xi to attend.

"I would be surprised if he didn't go," Trump said. "I think he's going, I haven't heard that he's not."

However, as US-Chinese tensions mount, a spokesman for Xi's government said last month that he had "no information at present" on Trump-Xi talks.

Trump has been trying to strongarm China into fundamental change on trade policies that the president argues have for decades put the United States at an unfair disadvantage.

The two sides seemed to be close to striking a bargain until talks stalled last month. Washington says that Beijing walked away at the last minute, while the Chinese side has signalled it is prepared for a long fight against unreasonable demands.

Trump has already imposed 25 per cent duties on $200 billion of Chinese imports. China has responded with punitive tariffs on $60 billion in US goods.

Last month he threatened to slap tariffs on a further $300 billion of goods -- virtually everything American companies import from China -- if no breakthrough is achieved.

The US Trade Representative office has launched the process to impose the huge new duties, with a hearing scheduled for June 17 -- but Trump has said he has yet to decide whether he will ultimately impose the levies.

'They'll never catch us'

Trump has made tariffs a pillar of his foreign policy, arguing that US economic power puts him in a win-win situation when he threatens rivals like China and even close allies, such as Canada, the European Union and Mexico.

The United States says that China cheats in bilateral trade by forcing US importers to give up intellectual property, subsidizing its own companies, and running a huge trade surplus with Washington.

Trump told CNBC that by ratcheting up tariffs, he can ultimately force manufacturers to leave China.

"Those companies are going to move into other locations and there won't be a tariff," he said.

In a game of tit-for-tat, Trump added, China will lose simply because they have far fewer US imports they can target. "We have the big, big advantage," he said.

"China's going to make a deal because they're going to have to make a deal."

Trump's tariff rattling has spooked global markets and also run into pushback from many in Congress.

But in his lengthy CNBC interview, Trump said he is doing what previous presidents avoided because they "either didn't understand it or they were bored by it or they weren't smart enough."

His overall aim, the Republican said, is to ensure that China never overtakes the United States as the world's top economy.&nbsp;

"Had a Democrat gotten in..., China would have caught us," he said. Now "they'll never catch us."

President Donald Trump warned Monday he will slap huge new tariffs on China if his counterpart Xi Jinping doesn't show up for a planned face-to-face meeting later this month and insisted the Chinese economy will never overtake the United States.

President Donald Trump warned Monday he will slap huge new tariffs on China if his counterpart Xi Jinping doesn't show up for a planned face-to-face meeting later this month and insisted the Chinese economy will never overtake the United States. Trump delivered his hardline message ahead of the G20 summit on June 28-29 in Osaka, Japan, which could mark a turning point in the trade dispute between the world's two biggest economies. Asked if a failure by Xi to come to the summit would lead to tariffs kicking in on a further $300 billion in Chinese imports, Trump told CNBC television, "Yes it would." Trump said the meeting was "scheduled" and that he expects Xi to attend. "I would be surprised if he didn't go," Trump said. "I think he's going, I haven't heard that he's not." However, as US-Chinese tensions mount, a spokesman for Xi's government said last month that he had "no information at present" on Trump-Xi talks. Trump has been trying to strongarm China into fundamental change on trade policies that the president argues have for decades put the United States at an unfair disadvantage. The two sides seemed to be close to striking a bargain until talks stalled last month. Washington says that Beijing walked away at the last minute, while the Chinese side has signalled it is prepared for a long fight against unreasonable demands. Trump has already imposed 25 per cent duties on $200 billion of Chinese imports. China has responded with punitive tariffs on $60 billion in US goods. Last month he threatened to slap tariffs on a further $300 billion of goods -- virtually everything American companies import from China -- if no breakthrough is achieved. The US Trade Representative office has launched the process to impose the huge new duties, with a hearing scheduled for June 17 -- but Trump has said he has yet to decide whether he will ultimately impose the levies. 'They'll never catch us' Trump has made tariffs a pillar of his foreign policy, arguing that US economic power puts him in a win-win situation when he threatens rivals like China and even close allies, such as Canada, the European Union and Mexico. The United States says that China cheats in bilateral trade by forcing US importers to give up intellectual property, subsidizing its own companies, and running a huge trade surplus with Washington. Trump told CNBC that by ratcheting up tariffs, he can ultimately force manufacturers to leave China. "Those companies are going to move into other locations and there won't be a tariff," he said. In a game of tit-for-tat, Trump added, China will lose simply because they have far fewer US imports they can target. "We have the big, big advantage," he said. "China's going to make a deal because they're going to have to make a deal." Trump's tariff rattling has spooked global markets and also run into pushback from many in Congress. But in his lengthy CNBC interview, Trump said he is doing what previous presidents avoided because they "either didn't understand it or they were bored by it or they weren't smart enough." His overall aim, the Republican said, is to ensure that China never overtakes the United States as the world's top economy. "Had a Democrat gotten in..., China would have caught us," he said. Now "they'll never catch us."

Will slap huge new tariffs on China if president Xi doesn't show up: Trump ahead of G20 meet

China has demonstrated more than enough sincerity to reach a mutually beneficial deal and end trade tensions with the United States. However, trapped in hegemonic ideology, the U.S. has responded by unilateral and protectionist tariff hikes that put world economy in danger, according to a commentary published by China's Xinhua News Agency on Sunday.

China's utmost sincerity in trade talks a sign of strength

China announced higher tariffs on 60 billion US dollars worth of American goods in retaliation for US President Donald Trump's latest penalties on Chinese products, sending Wall Street into a slide.

China's hike of US tariffs sparks Asia stock losses

China appealed to the United States to meet it halfway to salvage a deal that could end their trade war, with its chief negotiator in Washington for two days of talks hoping to stave off US tariff hikes set to be triggered on Friday.

The two sides had appeared to be converging on a deal until last weekend, when US President Donald Trump announced his intention to raise tariffs with his negotiators saying that China was backtracking on earlier commitments.

"The US side has given many labels recently, 'backtracking', 'betraying' etc...China sets great store on trustworthiness and keeps its promises, and this has never changed," Commerce Ministry spokesman Gao Feng said on Thursday.

Gao told reporters in Beijing that it was normal for both sides to have disagreements during the negotiating process.

Trump told supporters at a rally in Florida on Wednesday that China "broke the deal", and vowed not to back down on imposing new tariffs on Chinese imports unless Beijing "stops cheating our workers".

A protracted trade war between the world's two largest economies would damage global economic growth, and investors pulled their money out of stock markets this week amid fears of the prospective agreement unravelling.

Gao said the decision to send the delegation led by Vice Premier Liu He to Washington despite the tariff threat demonstrated China's "utmost sincerity".

"We hope the US&nbsp;can meet China halfway, take care of each others' concerns, and resolve existing problems through cooperation and consultations," he said.

Gao urged the United States to eschew unilateral action, while warning China was fully prepared to defend its interests.

"China's attitude has been consistent and China will not succumb to any pressure. China has made preparations to respond to all kinds of possible outcomes." He did not elaborate.

US government and private sector sources previously told that a draft trade agreement was riddled with reversals by China that undermined core US&nbsp;demands.

In each of the seven chapters of the draft, China had deleted its commitments to change laws to resolve core complaints that caused the United States to launch a trade war: Theft of US&nbsp;intellectual property and trade secrets; forced technology transfers; competition policy; access to financial services; and currency manipulation.

The stripping of binding legal language from the draft struck directly at the highest priority of US Trade Representative Robert Lighthizer - who views changes to Chinese laws as essential to verifying compliance after years of what US&nbsp;officials have called empty reform promises.

US tariffs&nbsp;

Lighthizer's office said tariffs on $200 billion of Chinese goods would rise to 25 per cent from 10 per cent at 12:01 a.m. (0401 GMT) on Friday, during the discussions in Washington.

The tariffs would target chemicals, building materials, furniture and some consumer electronics among other goods.

Trump also threatened on Sunday to levy tariffs on an additional $325 billion of China's goods, on top of the $250 billion of its products already hit by import taxes.

Since July last year, China has cumulatively imposed countertariffs of up to 25 per cent on about $110 billion of U.S. products. It last levied tariffs, of 5 per cent to 10 per cent, on $60 billion of U.S. goods including liquefied natural gas and small aircraft in September.

Based on the 2018 US Census Bureau trade data, China would only have about $10 billion in US imports left to levy in retaliation for any future US tariffs, including crude oil and large aircraft.

Gao did not answer directly when asked if China would consider imposing tariffs on imported US services.

While the United States wants to reduce the scale of its trade deficit with China, it is also seeking stronger protection for American intellectual property and more market access in China for US companies.

Gao described accusations about Chinese firms stealing tech secrets as unreasonable and said they were not based on facts.

Strong mentality&nbsp;

Chinese state media on Thursday published and aired reports quoting U.S.-based organisations and individuals critical of Trump's decision to raise tariffs, though playing down the impact of higher US tariffs on the Chinese economy.

"China is well-prepared for an escalation in trade tensions. A variety of plans are in place, such as countermeasures for any tariff rise, and favourable policies to minimise losses for Chinese enterprises," the Global Times, a tabloid published by the ruling Communist Party's People's Daily, said in an editorial.

"Mentally and materially, China is much better prepared than its US counterpart."

The country's share markets have taken a battering due to the renewed trade tensions, however.

China's blue-chip CSI300 index has slumped about 7 per cent so far in May while in the United States, the benchmark S&amp;P 500 index has only declined about 2 per cent.

The Chinese yuan has also weakened to a four-month low, crossing the 6.80 per dollar level.

Economic impact

While China's overall economic growth has remained steady so far this year, the outlook for exporters has been challenging.

Exports unexpectedly declined in April, with some analysts attributing the drop to slumping shipments to the United States.

US-bound shipments fell more than 13 per cent last month, according to official data released this week.

But imports from the United States declined by even more - almost 26 per cent, widening China's trade surplus with the United States.

The US Commerce Department said on Thursday the politically sensitive goods trade deficit with China fell 16.2 per cent to $20.7 billion, the lowest level since March 2014, also as imports from the world's No. 2 economy fell 6.1 per cent. Exports to China jumped 23.6 per cent in March.

"For months, US companies and agricultural producers and their respective trade associations have desperately urged the two sides to come to some kind of trade agreement that would prevent the further use of tariffs by both countries, fearing such a scenario would cripple their already-damaged bilateral trading relationship," said Nelson Dong, senior partner at international law firm Dorsey &amp; Whitney.

"However, those urgent pleas seem to have been ignored. Once again, the two countries, and indeed, the entire world's economy will be forced into a crisis mode that will likely inflict enormous losses on many individual companies and many thousands of workers and farmers in both countries."

China appealed to the United States to meet it halfway to salvage a deal that could end their trade war, with its chief negotiator in Washington for two days of talks hoping to stave off US tariff hikes set to be triggered on Friday.

China appealed to the United States to meet it halfway to salvage a deal that could end their trade war, with its chief negotiator in Washington for two days of talks hoping to stave off US tariff hikes set to be triggered on Friday. The two sides had appeared to be converging on a deal until last weekend, when US President Donald Trump announced his intention to raise tariffs with his negotiators saying that China was backtracking on earlier commitments. "The US side has given many labels recently, 'backtracking', 'betraying' etc...China sets great store on trustworthiness and keeps its promises, and this has never changed," Commerce Ministry spokesman Gao Feng said on Thursday. Gao told reporters in Beijing that it was normal for both sides to have disagreements during the negotiating process. Trump told supporters at a rally in Florida on Wednesday that China "broke the deal", and vowed not to back down on imposing new tariffs on Chinese imports unless Beijing "stops cheating our workers". A protracted trade war between the world's two largest economies would damage global economic growth, and investors pulled their money out of stock markets this week amid fears of the prospective agreement unravelling. Gao said the decision to send the delegation led by Vice Premier Liu He to Washington despite the tariff threat demonstrated China's "utmost sincerity". "We hope the US can meet China halfway, take care of each others' concerns, and resolve existing problems through cooperation and consultations," he said. Gao urged the United States to eschew unilateral action, while warning China was fully prepared to defend its interests. "China's attitude has been consistent and China will not succumb to any pressure. China has made preparations to respond to all kinds of possible outcomes." He did not elaborate. US government and private sector sources previously told that a draft trade agreement was riddled with reversals by China that undermined core US demands. In each of the seven chapters of the draft, China had deleted its commitments to change laws to resolve core complaints that caused the United States to launch a trade war: Theft of US intellectual property and trade secrets; forced technology transfers; competition policy; access to financial services; and currency manipulation. The stripping of binding legal language from the draft struck directly at the highest priority of US Trade Representative Robert Lighthizer - who views changes to Chinese laws as essential to verifying compliance after years of what US officials have called empty reform promises. US tariffs Lighthizer's office said tariffs on $200 billion of Chinese goods would rise to 25 per cent from 10 per cent at 12:01 a.m. (0401 GMT) on Friday, during the discussions in Washington. The tariffs would target chemicals, building materials, furniture and some consumer electronics among other goods. Trump also threatened on Sunday to levy tariffs on an additional $325 billion of China's goods, on top of the $250 billion of its products already hit by import taxes. Since July last year, China has cumulatively imposed countertariffs of up to 25 per cent on about $110 billion of U.S. products. It last levied tariffs, of 5 per cent to 10 per cent, on $60 billion of U.S. goods including liquefied natural gas and small aircraft in September. Based on the 2018 US Census Bureau trade data, China would only have about $10 billion in US imports left to levy in retaliation for any future US tariffs, including crude oil and large aircraft. Gao did not answer directly when asked if China would consider imposing tariffs on imported US services. While the United States wants to reduce the scale of its trade deficit with China, it is also seeking stronger protection for American intellectual property and more market access in China for US companies. Gao described accusations about Chinese firms stealing tech secrets as unreasonable and said they were not based on facts. Strong mentality Chinese state media on Thursday published and aired reports quoting U.S.-based organisations and individuals critical of Trump's decision to raise tariffs, though playing down the impact of higher US tariffs on the Chinese economy. "China is well-prepared for an escalation in trade tensions. A variety of plans are in place, such as countermeasures for any tariff rise, and favourable policies to minimise losses for Chinese enterprises," the Global Times, a tabloid published by the ruling Communist Party's People's Daily, said in an editorial. "Mentally and materially, China is much better prepared than its US counterpart." The country's share markets have taken a battering due to the renewed trade tensions, however. China's blue-chip CSI300 index has slumped about 7 per cent so far in May while in the United States, the benchmark S&P 500 index has only declined about 2 per cent. The Chinese yuan has also weakened to a four-month low, crossing the 6.80 per dollar level. Economic impact While China's overall economic growth has remained steady so far this year, the outlook for exporters has been challenging. Exports unexpectedly declined in April, with some analysts attributing the drop to slumping shipments to the United States. US-bound shipments fell more than 13 per cent last month, according to official data released this week. But imports from the United States declined by even more - almost 26 per cent, widening China's trade surplus with the United States. The US Commerce Department said on Thursday the politically sensitive goods trade deficit with China fell 16.2 per cent to $20.7 billion, the lowest level since March 2014, also as imports from the world's No. 2 economy fell 6.1 per cent. Exports to China jumped 23.6 per cent in March. "For months, US companies and agricultural producers and their respective trade associations have desperately urged the two sides to come to some kind of trade agreement that would prevent the further use of tariffs by both countries, fearing such a scenario would cripple their already-damaged bilateral trading relationship," said Nelson Dong, senior partner at international law firm Dorsey & Whitney. "However, those urgent pleas seem to have been ignored. Once again, the two countries, and indeed, the entire world's economy will be forced into a crisis mode that will likely inflict enormous losses on many individual companies and many thousands of workers and farmers in both countries."

As tariff hike looms, China asks US to meet it halfway, denies backtracking

<a href="http://www.wionews.com/world/nasas-insight-lands-on-mars-to-peer-into-planets-deep-interior-179634">NASA's InSight spacecraft lands on </a><a href="http://www.wionews.com/world/nasas-insight-lands-on-mars-to-peer-into-planets-deep-interior-179634">Mars,</a><a href="http://www.wionews.com/world/nasas-insight-lands-on-mars-to-peer-into-planets-deep-interior-179634"> will study planet's deep interior</a>

NASA's InSight spacecraft, the first robotic lander designed to study the deep interior of a distant world, touched down safely on the surface of Mars on Monday with instruments to detect planetary seismic rumblings never measured anywhere but Earth.

 
<a href="http://www.wionews.com/india-news/my-advice-to-pm-he-should-exercise-due-restraint-on-use-of-language-manmohan-singh-179639">My advice to PM Modi is, exercise due restraint on language: Manmohan Singh</a>

Former prime minister Manmohan Singh on Monday attacked Prime Minister Narendra suggesting that PM Modi must exercise due restraint and not use the "type of language which has now become common practice," news agency ANI reported.&nbsp;

The former PM added that the prime minister of a country must set an example for others.&nbsp;

 
<a href="http://www.wionews.com/world/trump-says-he-expects-to-raise-china-tariffs-likely-to-be-placed-on-laptops-and-iphones-179635">Trump says he is going to raise tariffs further on China imports</a>

US President Donald Trump said on Monday he expected to move ahead with raising tariffs on $200 billion in Chinese imports to 25 per cent from the current 10 per cent and repeated his threat to slap tariffs on all remaining imports from China.

In an interview with the Wall Street Journal four days ahead of his high-stakes meeting with Chinese President Xi Jinping in Argentina, Trump said it was "highly unlikely" he would accept China's request to hold off on the increase, which is due to take effect on January 1.

 
<a href="http://www.wionews.com/world/there-were-children-says-migrant-mother-tear-gassed-at-us-border-179650">'There were children,' says migrant mother tear-gassed at US border</a>

A migrant mother photographed running with her daughters from tear gas at the US-Mexico border said she never expected the US Border Patrol to fire gas canisters at children and families.

Three tear gas canisters shot from the US side landed around Maria Meza and her children, who range in age from toddlers to teenagers, she said in an interview at a Tijuana migrant shelter.

 
<a href="http://www.wionews.com/entertainment/aamir-khan-on-thugs-of-hindostan-failure-we-went-wrong-and-i-take-full-responsibility-for-it-179641">Aamir Khan takes 'full responsibility' for Thugs Of Hindostan debacle</a>

t takes courage to accept failure on a public platform. On Monday, Aamir Khan admitted that his last release 'Thugs Of Hindostan' had failed to live up to the expectations and took full resp[onsibility for the film's failure.&nbsp;

“I take full responsibility for 'Thugs....' not working with the audience. I think we went wrong but I would like to take full responsibility of that. You can be sure we tried our level best."

NASA's InSight spacecraft lands on Mars, will study planet's deep interior NASA's InSight spacecraft, the first robotic lander designed to study the deep interior of a distant world, touched down safely on the surface of Mars on Monday with instruments to detect planetary seismic rumblings never measured anywhere but Earth.

NASA's InSight spacecraft lands on Mars, will study planet's deep interior NASA's InSight spacecraft, the first robotic lander designed to study the deep interior of a distant world, touched down safely on the surface of Mars on Monday with instruments to detect planetary seismic rumblings never measured anywhere but Earth. My advice to PM Modi is, exercise due restraint on language: Manmohan Singh Former prime minister Manmohan Singh on Monday attacked Prime Minister Narendra suggesting that PM Modi must exercise due restraint and not use the "type of language which has now become common practice," news agency ANI reported. The former PM added that the prime minister of a country must set an example for others. Trump says he is going to raise tariffs further on China imports US President Donald Trump said on Monday he expected to move ahead with raising tariffs on $200 billion in Chinese imports to 25 per cent from the current 10 per cent and repeated his threat to slap tariffs on all remaining imports from China. In an interview with the Wall Street Journal four days ahead of his high-stakes meeting with Chinese President Xi Jinping in Argentina, Trump said it was "highly unlikely" he would accept China's request to hold off on the increase, which is due to take effect on January 1. 'There were children,' says migrant mother tear-gassed at US border A migrant mother photographed running with her daughters from tear gas at the US-Mexico border said she never expected the US Border Patrol to fire gas canisters at children and families. Three tear gas canisters shot from the US side landed around Maria Meza and her children, who range in age from toddlers to teenagers, she said in an interview at a Tijuana migrant shelter. Aamir Khan takes 'full responsibility' for Thugs Of Hindostan debacle t takes courage to accept failure on a public platform. On Monday, Aamir Khan admitted that his last release 'Thugs Of Hindostan' had failed to live up to the expectations and took full resp[onsibility for the film's failure. “I take full responsibility for 'Thugs....' not working with the audience. I think we went wrong but I would like to take full responsibility of that. You can be sure we tried our level best."

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