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September 2018
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News Headlines
Shilpa Shetty faces racism at Sydney airport        Pakistan’s friendship offer to India should not be seen as weakness, says PM Imran Khan        India thrash Pakistan by 9 wickets        Naomi Osaka pulls out of Wuhan Open        Hasan, Asghar, Rashid fined 15 per cent of their match fees        Ready to be sacked if ATK do not fare well: Coppell        Sensex ends in red after 1,000-pt flash crash        OYO to hire over 2,000 tech experts, engineers by 2020        Thousands rally across Russia against raising pension age        Pak PM Imran hits out at India, calls its response "arrogant" for cancelling talks        Sisodia, AAP MLAs discharged in case related to 2014 protest        We have no role in selection of Reliance Defence for Rafale deal: Govt        Modi, Ambani carried out Rs 1.3 lakh cr 'surgical strike' on defence forces: Rahul on Rafale issue        Chekka Chivantha Vaanam: Second trailer released        Golden Globe Race: Indian Navy Officer Abhilash Tomy injured; INS Satpura dispatched for rescue        India Calls Off Talks With Pak, Says "Imran Khan's True Face Exposed"        Indian govt wanted Reliance for Rafale, we didn't have a choice: Ex-French prez Hollande        Wreckage of Captain Cook’s ship found off US coast        Death toll reaches 136 in Tanzania ferry disaster with scores missing        Ravindra Jadeja, Rohit Sharma take India to comprehensive 7-wicket win        
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International News
EU targets peanut butter, orange juice, whiskey in Trump trade spat
 
Brussels, Mar 7 (AFP) The EU today said it would hit flagship US products including peanut butter, orange juice and bourbon whiskey with counter measures if US President Donald Trump goes ahead with threatened steel and aluminium tariffs.

The blow by Brussels came hours after Trump's trade offensive brought the resignation of his top economic advisor Gary Cohn, an influential ex-Goldman Sachs banker who fiercely opposed the measures.

EU trade commissioner Cecilia Malmstroem said a full-on transatlantic trade war was "not in anybody's interests" -- a stark contrast from Trump, who last week declared trade wars were "good and easy to win".

"A trade war has no winners," Sweden's Malmstroem told reporters after the European Commission, which handles trade matters for the bloc, discussed the tariffs.

"We should be very careful with that word... there are only losers in that, and that's why we will respond in a proportionate and balanced way."

The European Union is holding fire on its reprisals as Trump has yet to sign into effect his plan to set tariffs for what he calls unfair competition for US industry, but Malmstroem said a list of products had been drawn up including steel, industrial and agricultural items.

"Certain types of bourbon are on the list as are other items such as peanut butter, cranberries, orange juice," Malmstroem said.

European Commission chief Jean-Claude Juncker on Friday threatened to hit big-name US brands such as Harley Davidson motorbikes and Levi's jeans with import duties, prompting Trump to fire back a threat to tax cars from the EU.

Despite Juncker's headline-grabbing threat to iconic US brands, the EU's hitlist does not mention specific businesses.

Malmstroem said the EU was still trying to persuade Washington not to go ahead with the tariffs, which she said would threaten "thousands of European jobs".

The EU is also looking at "safeguard" measures to protect its industry -- restricting the bloc's imports of steel and aluminium to stop foreign supplies flooding the European market, which is allowed under World Trade Organisation (WTO) rules.

Trump, elected on a promise to roll back the effects of globalisation on the US economy with an "America First" platform, said Thursday he planned to impose 25 percent tariffs on steel imports and 10 percent on aluminium.

Juncker, who on Wednesday met Lakshmi Mittal, the boss of the world's top steelmaker ArcelorMittal, said last week the EU would "react firmly" to protect European industry.

Europe exports around five billion euros' ( 4 billion) worth of steel and a billion euros' worth of aluminium to the US each year, and the commission estimates Trump's tariffs could cost some 2.8 billion euros.

As well as making it harder for European metal to find buyers in the US, tariffs could also mean other foreign producers redirect their output to the EU, pushing the market there down.

Brussels wants to maximise the political impact of its reprisals on the US while minimising the impact of a trade war on European consumers.

European Commission Vice President Jyrki Katainen told AFP on Friday the bloc could form a "coalition of like-minded countries" to file a complaint at the WTO, though this procedure usually takes around two years.


Shilpa Shetty faces racism at Sydney airport
Pakistan’s friendship offer to India should not be seen as weakness, says PM Imran Khan
Thousands rally across Russia against raising pension age
Pak PM Imran hits out at India, calls its response "arrogant" for cancelling talks
Wreckage of Captain Cook’s ship found off US coast
Death toll reaches 136 in Tanzania ferry disaster with scores missing
Kim, Moon join hands on peak of sacred North Korean volcano
Palestinian schools strive to modernize classrooms
Trump: Declassified Russia probe papers expose 'bad things'
100 die in severe flooding in Nigeria: relief agency
Pak govt, Opposition agree for parliamentary probe into vote rigging charges
Air Tanzania to soon resume direct flights to India
Imran Khan govt auctions 70 luxury cars as part of austerity drive
Time Magazine sold to Marc Benioff for $190 million
Hurricane Florence: Death toll mounts to 14
Death toll rises to 8 as Florence pours on the rain
Evacuations underway as huge typhoon nears Philippines
South and North Korea open first liaison office for better communication
Amid deep budget cuts, $52,701 spent on curtains for Nikki Haley’s official residence: Report
Japan's Abe expresses support for better Trump-Kim ties
ENTERTAINMENT NEWS
Chekka Chivantha Vaanam: Second trailer released
 The second trailer of Mani Ratnam movie Chekka Chivantha Vaanam released. The trailer almost reveals  
Freak penne trending with dislikes and trolls
Viswasam- On set photos leaked
Aiswarya- Abhishek's Gulab Jamun would go on floor in mid 2019
KERALA NEWS
Kannur International Airport: Kerala to be the first state with four international airports
 Malappuram: With Kannur International Airport becoming operational, Kerala will be the first state i
Bar bribery case: Court dismisses the vigilance report
State Kalolsavam to be held in December
Actor Captain Raju passes away at 68
NATIONAL NEWS
Sisodia, AAP MLAs discharged in case related to 2014 protest
 New Delhi Sep 22 (PTI) A Delhi court on Saturday discharged Deputy Chief Minister Manish Sisodia, AA
We have no role in selection of Reliance Defence for Rafale deal: Govt
India Calls Off Talks With Pak, Says "Imran Khan's True Face Exposed"
Indian govt wanted Reliance for Rafale, we didn't have a choice: Ex-French prez Hollande
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