Washington sources made a statement that according to media report Chinese exporters of goods from electronics to motorcycle parts are scrambling to insulate themselves from US President Donald Trump's proposed tariff hike. Meanwhile presently they are weighing plans to rush shipments to American customers ahead of the increase, raise prices or find other markets. Moreover some are looking at shipping goods through other countries to hide their Chinese origin.
Media reports that some companies are looking at ways to hide their Chinese origin by shipping goods through other countries. Accordingly Donald Trump says higher duties on USD 50 billion of Chinese goods would punish Beijing for stealing or pressuring foreign companies to hand over foreign technology.
made a statement that he plan targets goods U.S. officials say benefit from
improper Chinese policies including machinery, industrial components,
aerospace, telecoms and other technology. Furthermore it was stated that the
potential costs are alarming for exporters dependent on the US market. Moreover
some are looking at shipping goods through other countries to hide their
Sri Lanka temporarily shuts down Facebook after hate speech resulting in mob violence San Francisco sources reported that accused of helping to spur violence in countries like Myanmar, Sri Lanka and India, Facebook has said it will begin removing misinformation that leads to violence and physical harm. Presently as per report Facebook bans content that directly calls for violence but the new policy will cover fake news that has the potential to stir up physical harm.
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