Pbdn Imran Khan can be face for peace or voice for hostility depending on Pakistan Army: Shashi Tharoor
US President Donald Trump Reuters President Donald Trump offers an incomplete picture of American trade in making his case for penalties on foreign goods. Here a look at his recent comments as he prepares to impose big tariffs on imported steel and aluminum and threatens action on a broader trade front:___Trump: If the EU wants to further increase their already massive tariffs and barriers on US companies doing business there, we will simply apply a Tax on their Cars which freely pour into the US. They make it impossible for our cars and more to sell there. Big trade imbalance! 鈥?tweet Saturday.The facts: He wrong that automakers find it impossible to sell US-made cars in Europe and that European cars come into the US freely. He right about a big imbalance, but his impulse to exaggerate is on display he stanley cup re.Story continues below this adThe US Census Bureau shows $13.8 billion in US auto and parts exports last year to four countries in Europe: Germany, Britain, Belgium and France.It shows $51.3 billion in US imports of autos and parts from five countries in Europe: Germany, Britain, Sw stanley flask eden, Italy and Austria.The EU applies a 10 percent duty on cars made in the US The US applies a 2.5 percent duty on cars made in Europe.In addition, Ford and Fiat Chrysler make stanley termoska vehicles in Europe, while Mercedes, Volkswagen and BMW have factories in the US 鈥?operations that could also become part of a trade war.___Story continues below this ad Sejr Trump University lawsuit heads toward November 28 trial
FILE PHOTO: China annual National People Congress in Beijing Great Hall of the People AP Photo/Mark Schiefelbein China GDP grew 6.9 per cent in the second quarter, above the government target for the year of 6.5 per cent, indicating that the world second largest economy would comfortably meet its 20 cups stanley 17 growth target amid concerns over high debt levels. Xing Zhihong, spokesperson of Chinas National Bureau of Statistics NBS , said China economy is operating within a reasonable range, maintaining stable, coordinated and sustainable development.In the second quarter, GDP of the world second largest economy held steady at 6.9 per cent year on year, flat from the first quarter. It is laying a solid foundation for achieving the annual target, he said.The 6.9 per cent growth rate in the second quarter is faster than expected, prompting the financial consultancy agencies to revise Chinas growth rate upwards. Nomura Securities said in a report after today stanley cup data release that given the data, it is raising the forecast for the Q3 growth to 6.8 per cent from the previous stanley termosky 6.6 per cent, and the annual growth forecast to 6.8 per cent from 6.7 per cent.Story continues below this adThe forecast of a gradual growth slowdown due to a weakening property sector and the possible moderation of domestic demand, as well as uncertainties over external demand remained valid, state-run Xinhua news agency quoted the repor |
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