Fri, Jun 23, 2017 | updated 03:50 AM IST

Trump to pull U.S. out of WTO if his 'penalizing' proposal is blocked

Updated: Jul 25, 2016 11:19 IST      
Trump to pull U.S. out of WTO if his 'penalizing' proposal is blocked

Washington, July 25 (ANI): U.S. Republican presidential nominee Donald Trump has threatened to pull America out of the World Trade Organization (WTO) if his proposal on penalizing U.S. companies for moving their production overseas is blocked.

Trump said that if he is elected as the next U.S. president, he would impose a tax on U.S. companies that shift production overseas then sell the products back to the U.S., reports Xinhua.

"If they're going to fire all their people, move their plant to Mexico, build air conditioners, and think they're going to sell those air conditioners to the United States, there's going to be a tax," said Trump.

He added that the tax rate could be 15 percent, 25 percent or 35 percent, and could be different for different companies.

When told that such tax would not get through the WTO, Trump said he would then renegotiate "or we're going to pull out."

"These trade deals are a disaster. World Trade Organization is a disaster," said Trump.

He also reiterated his support to 'Brexit' saying that a fractured Europe is not necessarily bad for the U.S. because the primary reason that European countries got together is to defeat the U.S. on trade.

Trump also stood by his position that the U.S. protection of other NATO members should be conditional on their financial contribution.

The countries mentioned by him that have to pay for the U.S. protection included Japan, Germany, South Korea and Saudi Arabia.

"We're a different country today. We're much weaker. Our military is depleted. We owe tremendous amounts of money. We have to be reimbursed," said Trump. (ANI)

May vows to let EU citizens stay in UK after Brexit

Updated: Jun 23, 2017 02:48 IST     

London [UK], June 23 (ANI): British Prime Minister Theresa May has told the European Union (EU) leaders that the EU citizens, who had arrived lawfully before the Brexit, would be given a new 'settled status' allowing them to stay in Britain if they have lived here five years.

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Moscow [Russia], June 23 (ANI): Russian Foreign Minister Sergey Lavrov has termed the attempts to exert pressure on Moscow through sanctions as 'pointless'.

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I did not record Comey conversations: Trump

Updated: Jun 23, 2017 00:24 IST     

New Delhi [India], June 23 (ANI): United States President Donald Trump has said that he does not have any tapes or recording of his conversations with former FBI Director James Comey.

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Pakistan becomes full signatory of 'Washington Accord'

Updated: Jun 22, 2017 22:51 IST     

Lahore [Pakistan], June 22 (ANI): Pakistan on Wednesday became a full signatory of the Washington Accord that facilitates mobility of engineering graduates and professionals at the international level.

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Trump asks why Obama admin didn't stop Russia from meddling

Updated: Jun 22, 2017 21:47 IST     

New Delhi [India], June 22 (ANI): As U.S. President Donald Trump on Thursday decried allegations of Russia collusion "a big hoax," he sardonically questioned why the Obama administration did not stop Moscow from election meddling as it happened under the previous regime.

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Drone strikes violate Pakistan's sovereignty: Nafees Zakaria

Updated: Jun 22, 2017 21:20 IST     

Islamabad [Pakistan], June 22 (ANI): Pakistan Foreign Office (FO) spokesperson Nafees Zakaria on Thursday said that drone strikes are against Pakistan's sovereignty.

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Rawalpindi [Pakistan], June 22 (ANI): Alleged Indian spy and former Indian Naval Officer Kulbushan Jadhav has forwarded a mercy petition to Pakistan's Chief of Army Staff General Qamar Bajwa against his death sentence awarded by a military court on charges of espionage, the Pakistan armed forces information wing has claimed.

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Rawalpindi [Pakistan], June 22 (ANI): Alleged Indian spy and former Indian naval Officer Kulbushan Jadhav has forwarded a mercy petition to Pakistan's Chief of Army Staff General Qamar Bajwa against his death sentence awarded by a military court on charges of espionage, the Pakistan armed forces information wing has claimed.

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New Delhi [India], June 22 (ANI): India and Australia will soon ink a Memorandum of Understanding (MoU) on cooperation in the textiles, clothing and fashion sectors between the Indian Ministry of Textiles and the Department of Foreign Affairs and Trade, Australia

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New Delhi [India], June 22 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Thursday gave its approval for signing an Memorandum of Understanding (MoU) for cooperation in Traditional Systems of Medicine and Homoeopathy between Ministry of AYUSH the Ministry of Health, Nutrition and Indigenous Medicine of Sri Lanka.

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New Delhi [India], June 22 (ANI): WikiLeaks on Thursday released documents disclosing information about United States' Intelligence service Central Intelligence Agency's (CIA) 'Brutal Kangaroo' programme, which allows it to remotely and covertly gain access to closed computer networks or a single air-gapped device.

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Vienna[Austria]/New York[U.S.A.]/Geneva [Switzerland], June 22 (ANI): In 2015 about a quarter of a billion people used drugs. Of these, around 29.5 million people - or 0.6 per cent of the global adult population - were engaged in problematic use and suffered from drug use disorders, including dependence.

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Islamabad [Pakistan], June 22 (ANI): Pakistan's permanent representative to the United Nations Maleeha Lodhi has said that terrorist "safe havens" are inside, not outside, Afghanistan.

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Congressional Black Caucus declines Trump's invitation

Updated: Jun 22, 2017 15:07 IST     

New York [U.S.], June 22 (ANI) :The Congressional Black Caucus has declined an invitation for a follow-up meeting with U.S. President Donald Trump, terming his administration's policies and proposals as detrimental to all black Americans and their constituencies.

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24 killed in Car Bomb attack at New Kabul Bank in Afghanistan

Updated: Jun 22, 2017 14:31 IST     

Kabul [Afghanistan], June 22 (ANI): As many as 24 people were killed and 60 others wounded when the militants launched a suicide attack on New Kabul Bank branch in Lashkargah, capital of Helmand province on Thursday. The intense fighting is still going on between the security forces and militants.

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Suicide attack at New Kabul Bank in Afghanistan's Helmand

Updated: Jun 22, 2017 13:50 IST     

Kabul [Afghanistan], June 22 (ANI) :Militants launched a suicide attack on New Kabul Bank branch in Lashkargh, capital of Helmand province on Thursday. The intense fighting is going on between the security forces and militants.

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Australia to resume bombing of ISIS targets in Syria

Updated: Jun 22, 2017 13:30 IST     

London [U.K], June22 (ANI): Australia will resume air combat missions against Islamic State targets in Syria after the Australian Defence Force lifted a temporary suspension initially sparked by Russian threats to shoot down coalition planes.

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Gulf crisis: Turkey sends First shipment of aid to Qatar

Updated: Jun 22, 2017 12:26 IST     

Ankara [Turkey], June 22 (ANI):Turkish economic minister Nihat Zeybekci said that the first Turkish ship carrying aid to Qatar has departed in a bid to break the embargo imposed on Doha by a number of Gulf countries.

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Destroying Daesh would not end problems, says Barzani

Updated: Jun 22, 2017 12:20 IST     

Kurd [Iran] June 22, (ANI) : The President of the Northern Iraq's Kurdish Regional Government (KRG), Masoud Barzani, has saidon Wednesday that destroying the Daesh group would not end problem and urged to address the causes that led to the emergence of the jihadist group.

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Imran condemns Sharif's govt to hinder JIT's investigation

Updated: Jun 22, 2017 12:20 IST     

Islamabad [Pakistan], June 22 (ANI): Imran Khan, chairman of the Pakistan Tehreek-e-Insaf (PTI) has expressed his concerns over Pakistan's ruling party Pakistan Muslim League-N's (PML-N) efforts to hinder fair accountability in the Joint Investigation Team's (JIT) probe into the money laundering charges against Pakistani Prime Minister Nawaz Sharif's family.

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