Trump to impose tariffs on $200 bn in Chinese goods
Washington, Sep 18 : US President Donald Trump's administration will impose a 10 per cent tariff later this month on $200 billion worth of Chinese goods, increasing to 25 per cent at the end of the year, a move that will sharply escalate the American trade war with Beijing.
The administration announced on Monday that the additional tariffs which will take effect from September 24, are on top of penalties enacted earlier this year on $50 billion worth of Chinese goods, CNN reported.
Taken together, it means roughly half of the products that China sells to the US each year will be hit by American tariffs.
In July, the administration published a list of thousands of products that would be subject to the latest round of trade penalties. More than 300 products were removed from that list -- including smartwatches, health and safety devices and children's playpens.
Trump had urged his advisers to press forward with the $200 billion round, even as Washington and Beijing worked to restart trade talks.
The President's decision threatens to upend the possibility of a diplomatic breakthrough with Chinese negotiators.
"China has had many opportunities to fully address our concerns," Trump said in a statement released Monday evening by the White House.
"Once again, I urge China's leaders to take swift action to end their country's unfair trade practices."
Trump also threatened to inflict more economic pain in the form of additional tariffs if Beijing takes any retaliatory action. Treasury Secretary Steven Mnuchin had invited the negotiators to Washington this week to resume talks.
But China said it would turn down the offer if the US went ahead with more tariffs, CNN said.
Earlier Monday, Trump previewed the announcement at the White House: "It will be a lot of money coming into the coffers of the US. A lot of money coming in."
The President said he was confident an agreement could eventually be reached with China, but stressed such an accord must do right by American workers.
"They want to make a deal," Trump said. "But from our standpoint, it has to be fair. It has to take care of our workers." The tariffs are meant to punish China for alleged unfair trade practices, including intellectual property theft.
China has accused the US of trade bullying and, to this point, has responded dollar-for-dollar with tariffs of its own.
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Sanjay Raut demands re-election, alleges irregularities in EVMs during Maharashtra polls
Mumbai, Nov 25: Shiv Sena (UBT) MP Sanjay Raut on Monday demanded a re-election in Maharashtra using ballot papers, claiming there were irregularities with the electronic voting machines (EVMs).
Talking to reporters, Raut alleged several complaints about EVMs malfunctioning and questioned the integrity of the recently held elections.
The BJP-led Mahayuti won 230 out of 288 seats in the assembly elections, while the opposition Maha Vikas Aghadi managed 46 seats, with Shiv Sena (UBT) winning just 20 out of 95 seats it contested.
"We have received nearly 450 complaints regarding EVMs. Despite raising objections repeatedly, no action has been taken on these issues. How can we say these elections were conducted fairly? Hence, I demand that the results be set aside and elections be held again using ballot papers," Raut said.
Citing some instances, he said a candidate in Nashik reportedly received only four votes despite having 65 votes from his family, while in Dombivli, discrepancies were found in EVM tallies, and election officials refused to acknowledge the objections.
The Sena (UBT) leader also questioned the credibility of the landslide victories of some candidates, saying, "What revolutionary work have they done to receive more than 1.5 lakh votes? Even leaders who recently switched parties have become MLAs. This raises suspicions. For the first time, a senior leader like Sharad Pawar has expressed doubts about EVMs, which cannot be ignored."
Asked about the MVA's poor performance in the elections, Raut rejected the idea of blaming a single individual.
"We fought as a united MVA. Even a leader like Sharad Pawar, who commands immense respect in Maharashtra, faced defeat. This shows that we need to analyse the reasons behind the failure. One of the reasons is EVM irregularities and the misuse of the system, unconstitutional practices, and even judicial decisions left unresolved by Justice Chandrachud," he said.
Raut stressed that though internal differences might have existed within the MVA, the failure was collective.
He also accused the Mahayuti of conducting the elections in an unfair manner.
"I cannot call the elections fair given the numerous reports of discrepancies in EVMs, mismatched numbers, and vote irregularities across the state," Raut said.
