Governance & Social Justice
- Generic Only Model : Concepts and Concerns
- Consumer Protection Bill 2018 Passed By Lok Sabha
- Global Burden of Disease Report by Lancet
- Adivasis in Chhattisgarh & M.P.
- Menstrual Hygiene for Rural Women
- Global Nutrition Report 2018
- What Is Sextortion Law J&k
- Human Microbiome
- Tele-Robotic Surgery
- Prevention of Malaria’s Side Effects
- Opioid Overdose Crisis
- India To Give Bhutan Rs. 4500 Crore
- IMO’s New Rule for Oil
- G20 Summit 2018
- Geopolitical Importance of Island States
- Strengthening Of Boko Haram
- US China Trade War
- Why India Paying Iran with Rupees?
- Trans Regional Maritime Pact
- Trump’s Syria Withdrawal
- India will Give Maldives $1.4 Billion
- Australia Recognized West Jerusalem As Israeli Capital
- China Taiwan Relations Indepth analysis
- Shahpur Kandi Dam Project Get Approval
- Qatar Exit To OPEC
- Farm Loan Waivers Good or Bad?
- Issues with ultra mega power projects
- Importance of Soybean for Malwa Region
- What is Public Credit Registry ?
- Financial Literacy for Financial Inclusion, Jan Dhan Yojna
- Dharavi Redevelopment Project 2018
- Bogibeel Bridge
- Global Wage Report 2018
- RBI 5th Bi-Monthly Monetary Policy
- Direct Benefit Transfer for Electricity
- Pradhan Mantri Ujjwala Yojana
- National Pension System
- Troubling Power Sector
- Train 18: Fastest Train in Nation
- Oxytocin Ban Removed
Defence & Security
Science & Technology
- Mission Gaganyaan Approved
- Ethanol Blending
- Project Dragon Fly
- Swaminathan Calls GM Crops A Failure
- China’s Change E-4 Mission
- 3D printing in Pharma sector
- Womb Transplant
- Supreme Court On Rafale Deal
- GSAT-7A Launched
- Saturn to Lose Its Rings
- ISRO’s Small Satellite Launch Vehicle
- Bharat Net Project
- Indian Navy gets Submarine Rescue System
- Transgenic Rise with Reduced Arsenic
- Global Hackathon on Artificial Intelligence
- Cheap Hydrogen Production
- NASA’s Insight Spacecraft
- Mission Raksha Gyan Shakti
- Life on Titan (Saturn’s Moon)
- What is COP 24 ?
- What is rat-hole mining
- Structural Reform for Decarbonising India
- Marine Vegetation To Mitigate Ocean Acidification
- Impact of Ocean Warming On Great Southern Reef
- What is Bio-Diversity Offsetting
- Atmospheric Iodine Will Destroy bad Ozone
- UN’S WMO : 2018 4th Hottest Year On Record
- Effects of Drugs Discharge into Yamuna river
Spice of the Month
GS 2 || International Relations || International Politics || USA in World Affairs
Why in news ? :
- The arrest of a top Huawei executive has roiled the business world and threatens to derail the tenuous trade truce between the United States and China. Meng Wanzhou, the Chinese tech company’s chief financial officer, was detained in Vancouver on Saturday at the request of US authorities.
- She accused by the United States of helping Huawei cover up violations of sanctions on Iran, according to Canadian prosecutors.
- US lawmakers are condemning Huawei, which they say poses a national security threat to the United States.
Why the Action Against HUAWEI ?
- Over the past couple of years, Huawei has reportedly circumvented sanctions imposed on North Korea and Iran, providing the countries with telecom equipment that can be used for extensive spying on populations, so-called dual use technologies. But the vast majority of criticism has surrounded Huawei’s growing influence on global communications in the coming years. The Chinese company will provide technology for 5G wireless internet across the world.
- In 2012, Huawei and ZTE Corp, another Chinese telecom company, were the subjects of an investigation that looked into whether their equipment could pose a threat to US interests.
- That report by US Congress concluded that “Huawei did not fully cooperate with the investigation and was unwilling to explain its relationship with the Chinese government or Chinese Communist Party, while credible evidence exists that it fails to comply with US laws.”
Trade War between China & USA :
- The US levied a 25 per cent tariff on more than 1,300 Chinese goods, to the tunes of 50 billion dollars. And China responded by levying additional duty on 106 American products.
Prelims bits : What is a trade war?
- A trade war is an economic conflict in which countries impose import restrictions on each other in order to harm each other’s trade.
- In a trade war, two or more counties create trade barriers on each other in retaliation for other trade barriers.
What are trade barriers?
- Trade barriers are what governments use to hinder or control free trade (mainly imports from another country).
- There are two types of trade barriers :
- Tariff barriers – Eg: Import tariff, Export tariff, Specific duty, Ad valorem duty, Countervailing duty, Anti-dumping duty, Protective tariff etc.
- Non-Tariff barriers – Eg: quotas, embargoes, sanctions, levies and other restrictions.