In the latest salvo between the world’s two biggest economies on Tuesday, China accused the United States of “excessive stress and blackmailing” and vowed to retaliate after US President Donald Trump threatened to impose a 10 per cent tariff on $200 billion of Chinese goods.
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Repeal of H-4 visa, which allows spouses of H-1B visa holders to work within the US, is in the final stage of clearance, the Donald Trump administration has stated. With that, the US authorities is about to render hundreds of H-4 visa holders jobless. Once cleared, the transfer is likely to affect some 70,000 highly-expert professionals from India. H-4 visas are issued to spouses of these holding H-1B visas, largely common among IT professionals from India. Regardless of widespread requests by lawmakers and consultant of the American IT business, the Trump administration is planning to finish the Obama-period rule that enables spouses of H-1B visa holders to work legally within the US.
Hong Kong and Shanghai stocks led a sell-off throughout most Asian markets on rising commerce warfare fears after Donald Trump threatened recent tariffs on Chinese imports and Beijing warned of countermeasures. For 2018. The awards ceremony was held last night time on the Clayton Hotel in Dublin.
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Tightening laws and commerce tariffs globally will strain export-oriented sectors corresponding to IT providers and auto, but the weakening rupee will somewhat mute this influence, the report added. The staff of public sector banks will go on a two-day strike from Could 30-31 to protest a ‘meagre’ 2 per cent wage hike provided by the Indian Banks’ Affiliation (IBA).