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Wilbur Ross
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Wilbur ross, Latest News
Wilbur Louis Ross Jr. is an American investor and the current United States Secretary of Commerce. On November 30, 2016, then-President-elect Donald Trump announced that he would nominate Ross for that post.
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International :
US imposes tighter restrictions on exports to China
The new rules will require licences for US compes to sell certain items to military entities in China, even if those goods are for civilian use.The new rules also eliminate a civilian exception that allows certain US technologies to be exported witho ...
International :
US extends Huawei 90-day reprieve for third time
The US Department of Commerce has announced that it would extend a temporary license loosening restrictions on business deals with Chinese tech giant Huawei for another 90 days. ...
National :
India can win big from inevitable $350-550bn exports moving out of China: Credit Suisse
India could potentially be one of the big winners from the US-China trade war, according to a Credit Suisse survey of 100 companies with global sales of $1 trillion that projects $350-550 billion of exports will shift out of China and that this is "i ...
Business :
US evinces displeasure over India's 'protectionist' measures
The US on Thursday expressed its displeasure over some of India's trade protectionist measures especially related to small retailers, but also reaffirmed commitment to come up with a trade deal soon. ...
Business :
Despite extension, US sanctions politically motivated: Huawei
Chinese tech giant Huawei Technologies on Monday criticized the sanctions imposed by the Donald Trump administration as being "politically motivated" and "unjust." ...
Business :
Trump decides not to impose quotas on uranium imports
US President Donald Trump announced that he would not impose quotas on uranium imports despite Department of Commerce's findings that foreign uranium poses a threat to national security. ...
Business :
Tariffs on shoes 'catastrophic': Sneaker brands tell Trump
Major sneaker brands, including Adidas and Nike, told US President Donald Trump that proposed tariffs on imported shoes from China would be "catastrophic" for American consumers. ...
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