Trade war: China says will hit back in kind
Beijing, July 6 : China on Friday said it will hit back the US with the same amount of tariffs after Washington imposed 25 additional duties on Chinese goods worth $34 billion.
Even if the Chinese Commerce Ministry said it was forced to respond in kind to the US, which has waged "largest trade war in economic history", it did not specify about the date and timing of the tariffs.
With the Chinese tariffs taking effect, the trade war between the two largest economies in the world will be on. "The US has ignited the largest trade war in economic history," a ministry spokesperson said in a statement.
"The Chinese side, having vowed not to fire the first shot, is forced to stage counter-attacks to protect the core national interests and interests of its people."
These tariffs violate the World Trade Organization (WTO) rules and represent a typical "trade bully", posing a grave threat to the security of global industry and value chains, the statement said.
Moreover, it will hamper global economic recovery and trigger global market turmoil while dealing a blow to many multinationals, enterprises and ordinary consumers.
Instead of serving the interests of US companies and people, the move will prove to be counter-productive and damaging.
The ministry said China will report the relevant situations to the WTO in time and stand with other countries in defending free trade and multilateral mechanisms.
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BJP names 9 candidates for RS polls, party chief Nitin Nabin to contest from Bihar
New Delhi (PTI): BJP national president Nitin Nabin was on Tuesday nominated as the party's candidate from Bihar for the upcoming Rajya Sabha polls.
The ruling Bharatiya Janata Party (BJP) has released a list of nine candidates for the Rajya Sabha polls, fielding its former West Bengal unit chief Rahul Sinha and Chhattisgarh unit vice-president Laxmi Verma from the respective states.
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Assam PWD Minister Jogen Mohan and MLA Terash Gowalla will be the saffron party's candidates for the elections to the Upper House of Parliament from the state.
The BJP has also nominated its Odisha unit president, Manmoham Samal, and leader Sujit Kumar, an incumbent Rajya Sabha MP, as candidates from the state for the upcoming polls.
BJP leader Shivesh Kumar will join the fray from Bihar and Sanjay Bhatia, a former Lok Sabha MP of the party, will be its candidate from Haryana. Kumar is Bihar BJP's general secretary.
The names of the candidates have been approved by the party's central election committee, BJP national general secretary Arun Singh said.
