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Imposition of high import duty by the US has triggered China flow meter Manufacturers a trade war like situation with other countries like China, Europe, India too resorting to higher tariffs.After maintaining record low interest rates for six years for reviving economic growth since the 2008 financial crisis, the US Fed began raising rates since December 2015.The rates have been hiked five times since January 2017. S&P said the key risk for the regions economic growth and welfare stems from the ongoing global trade tensions.The US continues to expand the tariff net on China and other trading partners, who would then retaliate against US trade measures."This is a risky path that could lead to slower global growth and reduced welfare for consumers," it added.Tesla said on Monday that it had asked a small number of suppliers to cut prices on ongoing, long-term projects to improve its future cash flow after a media report about a discount request sent shares of Tesla down as much as 6.6 per cent.

The Pakistan government backed the Anti-Terror Quartet (ATQ) — comprising Saudi Arabia, the UAE, Egypt and Bahrain — against Qatar. But this was primarily driven by the Pakistan Muslim League (Newaz) and the Sharif brothers’ business interests in Qatar, where larger issues were ignored over personal business interests. In 2015, the Pakistanis refused to join the Saudi alliance against Yemen, prompting a swift and angry retaliation from the UAE authorities. Saudi Arabia, one of Pakistan’s biggest benefactors in the past, virtually asked Pakistan to choose between Riyadh and Doha earlier this year, when the Gulf states hit out at Qatar for its alleged support to terrorists.Pakistan, for a while, considered pulling out Gen. Raheel Sharif, its former Army chief, as commander of the Saudi-led anti-terror alliance after then PM Nawaz Sharif felt ignored and shunned in Riyadh during a visit by US President Donald Trump. Mr Sharif was not allowed to deliver his prepared speech, nor was he able to meet Mr Trump. Making thin-gs worse, Mr Trump named only India as a victim of terror, even as Pakistan has wailed and railed that it has paid the largest غير مجاز مي باشدt in human terms.

The religiously-driven غير مجاز مي باشد war funded by Salafi Wahabi backers has seen an all-pervasive cult of death practised for close to 30 years in Kashmir. To cut the feedstock to this bloody war for the misplaced notion of azadi was imperative, and Mr Modi and his security mavens have realised this. Mr Modi has gone beyond the pale and engaged with Jordan, Oman and Iran as well in this push for the Middle East and the Levant. At its very kernel remains the isolation of Pakistan, and wins like the joint statement with the UAE are worth their weight in gold. A statement issued by Mr Modi and UAE’s Crown Prince Mohamed Bin Zayed Al Nahyan managed to redefine the contours of a relationship that had long been bereft of political reality. Both sides denounced terrorism in "all forms and manifestations, wherever committed and by whomever, calling on all states to reject and abandon the use of terrorism against other countries, dismantle terrorism infrastructures where they exist, and bring perpetrators of terrorism to justice".