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BUY #SIEMENS 4900 CE @147
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BTST BUY #VOLTAS CMP 1360
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SELL #BAJAJAUTO CMP 8365
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SELL #BALKRISHNAIND CMP 2522
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BUY #SIEMENS 4900 CE @147
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China hits US agriculture, says won't be bullied by fresh Trump tariffs
Reuters
China swiftly retaliated against new U.S. tariffs on Tuesday, imposing levies on $21 billion worth of American agricultural and food products, alongside export and investment restrictions on 25 U.S. firms. The move escalates tensions between the worldβs two largest economies, edging closer to a full-scale trade war.
Beijingβs response follows U.S. President Donald Trumpβs 10% tariff increase on Chinese goods, now totaling 20%, citing insufficient action on drug trafficking. China dismissed the claims, calling them βblackmail,β but set its tariff hikes below 20%, signaling room for negotiation. The measures target key U.S. exports, including soybeans, corn, pork, and dairy, while new restrictions impact U.S. firms dealing in dual-use technologies and arms sales to Taiwan.
Analysts warn of broader economic disruptions, with U.S. inflation risks and Chinaβs post-COVID recovery at stake. Meanwhile, alternative markets like Brazil and Australia could benefit as trade realigns amid ongoing tensions.
Reuters
China swiftly retaliated against new U.S. tariffs on Tuesday, imposing levies on $21 billion worth of American agricultural and food products, alongside export and investment restrictions on 25 U.S. firms. The move escalates tensions between the worldβs two largest economies, edging closer to a full-scale trade war.
Beijingβs response follows U.S. President Donald Trumpβs 10% tariff increase on Chinese goods, now totaling 20%, citing insufficient action on drug trafficking. China dismissed the claims, calling them βblackmail,β but set its tariff hikes below 20%, signaling room for negotiation. The measures target key U.S. exports, including soybeans, corn, pork, and dairy, while new restrictions impact U.S. firms dealing in dual-use technologies and arms sales to Taiwan.
Analysts warn of broader economic disruptions, with U.S. inflation risks and Chinaβs post-COVID recovery at stake. Meanwhile, alternative markets like Brazil and Australia could benefit as trade realigns amid ongoing tensions.
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NIFTY Going to bleed tomorrow
dow jones was Down by 900 Points but recovered at last but still closed at 400 point minus
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BTST BUY #BIOCON CMP 315.65
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STBT SELL #BAJAJFIN CMP 8620
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