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World


China exempts 16 US goods from additional tariffs

China exempts 16 US goods from additional tariffs

Beijing, Sep 11 (UNI) China's Ministry of Finance on Wednesday announced exemptions on 16 US goods from additional tariffs, including anti-cancer drugs, lubricants and fish meal.

The exemption, which is scheduled to go into effect from September 17, will be valid for a year through to September 16, 2020, South China Morning Post reported.

It is for the first time that Beijing has issued such exemptions since the US-China trade war began, that marked their latest attempt to resolve a protracted trade dispute.

The announcement also came before Chinese trade deputies are expected to meet with their US counterparts in mid-September in Washington.

Later, a high-level official meeting will take place in US capital next month, involving Chinese Vice Premier Liu He, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin.

The trade row between the world’s two largest economies erupted in June 2018 when the United States imposed the first round of its additional trade duties on China, prompting Beijing to respond in kind.

Since then, Washington and Beijing have imposed tariffs on billions of dollars’ worth of one another’s goods, battering financial markets and souring business.

UNI XC TV SNU 1833

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Australian court bans Great Barrier Reef shark cull with gov't opposition over safety concern

19 Sep 2019 | 8:00 PM

Sydney, Sep 19 (UNI) Queensland state government in Australia will be forced to end their shark culling program after a Federal Court banned the practice in protected areas of the Great Barrier Reef.

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Imran Khan to discuss Kashmir during Saudi visit

Imran Khan to discuss Kashmir during Saudi visit

19 Sep 2019 | 7:46 PM

Islamabad, Sep 19 (UNI) Pakistan Prime Minister Imran Khan, who is on a two-day visit to Saudi Arabia, will discuss the Kashmir issue with the Saudi leadership, the Pakistan PMO confirmed on Thursday.

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Microsoft announces $40 Bn worth of share buyback plan, dividend boost

Microsoft announces $40 Bn worth of share buyback plan, dividend boost

19 Sep 2019 | 5:39 PM

Washington, Sep 19 (UNI) The US technology giant, Microsoft Corporation, has announced that it plans to repurchase $40 billion worth of company shares, as well as to increase its dividends.

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Riyadh asks Iraq for 20Mln barrels of crude after Saudi Aramco attack - WSJ

Riyadh asks Iraq for 20Mln barrels of crude after Saudi Aramco attack - WSJ

19 Sep 2019 | 5:07 PM

Washington, Sep 19 (UNI) Riyadh asked Iraq’s national oil marketing company for 20 million barrels of crude to supply the country's stocks after an attack on Saudi Aramco facilities, the Wall Street Journal reported Thursday, citing two sources familiar with the matter.

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Belgian F-16 crashes in France, both pilots eject on time - Reports

19 Sep 2019 | 4:52 PM

Brussels, Sep 19 (UNI) A Belgian F-16 fighter jet crashed in western France on Thursday, but both pilots were able to eject from the aircraft, media reported.

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