US. President Donald Trump has announced that he will hike tariffs on some $300 billion-worth of Chinese goods to 10% starting on September. 1, 2019 escalating the trade war between the world’s two biggest economies as recent negotiations faltered.
politics News Alert
Happening Now: Prime Minister Theresa May Addresses Parliament
Prime Minister Theresa May is now addressing lawmakers in the House of Commons — with what sounds like a particularly hoarse voice — ahead of a vote on her Brexit deal.
Brexit: UK Cabinet Office Minister Lidington says this evening PM has secured legally binding changes that strengthen and improve withdraw agreement
David Lidington: Brexit negotiations are continuing. Parliament will vote on improved deal tomorrow. – BBG
Washington and Beijing Are Near Deal That Could End Most U.S. Tariffs on China
The U.S. and China are close to a trade deal that could lift most or all U.S. tariffs as long as Beijing follows through on pledges ranging from better protecting intellectual-property rights to buying a significant amount of American products, two people familiar with the discussions said.
Prime Minister Modi ‘Is Corruption’, Says Rahul Gandhi
Gold Silver Reports (GSR) – Prime Minister Modi ‘Is Corruption’, Says Rahul Gandhi — The opposition will continue to stand together and defeat BJP, said Rahul Gandhi in a press statement. BJP believes every single institution can be trampled upon by them, he said further adding, the party has disrespected the mandate of the people of Karnataka, Goa and Manipur.
BS Yeddyurappa Submits Resignation
Gold Silver Reports (GSR) – BS Yeddyurappa Submits Resignation — BS Yeddyurappa submits his official resignation to Governor Vajubhai Vala, shortly after announcing to step down as the chief minister of Karnataka.
B.S. Yeddyurappa Resigns as Karnataka Chief Minister Ahead of Floor Test
Gold Silver Reports (GSR) – B.S. Yeddyurappa Resigns as Karnataka Chief Minister Ahead of Floor Test — Five days after Karnataka delivered a hung verdict in the Assembly elections, a floor test in the secretariat did not materialise as Chief Minister BS Yeddyurappa submitted his resignation after delivering an emotional speech in the Vidhana Soudha, the state secretariat, on Saturday.