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US President Donald Trump is preparing to impose tariffs of more than $50 billion on Chinese goods intended to punish Beijing over US accusations that China systematically misappropriated American intellectual property - allegations Beijing denies. China warned the United States on Thursday not to open a Pandora’s Box and China Lithium battery components Factory spark a flurry of protectionist practices across the globe.In a statement published on Monday morning, MOFCOM said the United States had "seriously violated" the principles of non-discrimination enshrined in World Trade Organization rules, and had also damaged China’s interests.

The tariffs, to take effect on Monday, were announced late on Sunday and match a list of potential tariffs on up to $3 billion in US goods published by China on March 23."China’s suspension of its tariff concessions is a legitimate action adopted under WTO rules to safeguard China’s interests," the Chinese finance ministry said."China’s suspension of some of its obligations to the United States is its legitimate right as a member of the World Trade Organization," it said, adding that differences between the world’s two largest economies should be resolved through dialogue and negotiation.China’s Ministry of Commerce (MOFCOM) said it was suspending its obligations to the World Trade Organization (WTO) to reduce tariffs on 120 US goods, including fruit. The tariffs on those products will be raised by an extra 15 per cent.China has repeatedly promised to open its economy further, but many foreign companies continue to complain of unfair treatment..Eight other products, including pork, will now be subject to additional tariffs of 25 per cent, it said, with the measures effective from April 2.China has imposed the additional tariffs amid escalating trade tensions between Beijing and Washington, sparking fears of a full-blown trade spat between the world’s two biggest economies.

"Collection, dismantling and recycling are the three steps in treating e-waste and all of them need different licenses given by central authorities like Mumbai Pollution Control Board (MPCB) and others."Dharavi is very popular for e-waste dismantling. Commenting on the same, Kaustubh Bhagat, an environmentalist and eco-restoration expert said Mumbai had always been on the top of this list.Apart from lethargy in collection activities, vested interests of dismantlers and recyclers also play a vital role in the lack of scientific segregation of waste. When a kilogram of copper scrap is priced at Rs 500-600, and one kilogram of aluminium scrap at Rs 150-200, who would take the effort of following the long-winding scientific system of sending them back to concerned companies as raw material," said the owner of a metal spare parts shop who deals in the business. While collectors are only interested in collecting large quantity Oil filter Suppliers of waste, residents struggle with space to collect as much as 200kg of e-waste which can be then sent to the collectors," said Mr Bhagat..The Asian Age had, on Friday, April 22, reported that according to a paper released by ASSOCHAM, Mumbai tops the list of cities in India in terms of e-waste generation, accounting for six per cent of the total e-waste generated by the country. "Informal recyclers use primitive and hazardous methods like acid stripping and open air incineration for processing e-waste.

These methods are highly unsafe and cause pollution by releasing toxins from e-waste into the environment," said Dr B K Rao, chairman, ASSOCHAM Health committee. A few of the dismantlers said that while copper and aluminium were considered as most important byproducts of e-waste, they managed to get a good price for the same if the waste was dismantled and sold in the black market.Mumbai, which recently topped the list of cities across the nation in terms of e-waste generation, lacks an institutionalised system to treat e-waste, a leading environmentalist and eco-tourism expert has said。

We have listened to them," he said, adding that officials would come up with a solution soon.New Delhi: India’s auto industry demanded tax cuts and easier Lithium battery components Suppliers access to finance for dealers and buyers at a meeting with Indian government officials on Wednesday to discuss the sector’s woes, sources said, in an effort to revive sales that have slumped."HUGE DANGER"The auto sector, which contributes more than 7 per cent of India’s GDP, is facing one of its worst downturns.While several factors have contributed to the slump, a deepening liquidity crunch among India’s shadow banks that lend to the companies, dealers and car buyers has been the biggest single factor hurting sales.On Wednesday, the Reserve Bank of India (RBI) lowered its benchmark interest rate for a fourth straight time, slicing 35 basis points off the repo rate to bring it down to 5. Arvind Sawant, minister for heavy industries, who attended the meeting, told reporters that the government had heard the industry’s concerns but needed more meetings before making any decisions.Motorbike maker Yamaha Motor and auto components makers including France’s Valeo and Subros have laid off about 1,700 temporary workers in India, Reuters reported on Tuesday. Passenger vehicle sales have dropped for nine straight months through July, with some automakers suffering year-on-year declines of more than 30 per cent in recent months."Currently we are going through one of the biggest slowdowns that we have seen in recent times," Pawan Goenka, managing director at automaker Mahindra said earlier on Wednesday after the company reported a quarterly profit.Goenka, who said this is the worst Indian autos market since 2001, warned of a "huge danger" of job losses and sought government intervention. They said that while the industry would like to switch to clean fuel technology the aggressive push was delaying purchases by buyers who fear gasoline vehicles could be banned, the sources said.Representatives from the auto, auto components and dealers trade bodies as well as officials from the ministries of finance, heavy industries and road transport were also present."We have not given any immediate solution.The auto executives urged the government to cut taxes on cars and auto components to 18 per cent from 28 per cent and sought help to prod banks to lower lending rates and make the loan terms more lenient, one of the sources said. For the auto industry, though, the concern is that the banks and shadow lenders will not cut their lending rates by as much as the RBI because the lenders are overburdened by bad debts or finding it difficult to borrow.Executives from across the sector also asked the government to provide incentives to scrap old vehicles, which they said would help boost sales, and urged officials to reconsider a proposal to hike registration fees for automobiles as it would hurt demand, the two sources said.The meeting, chaired by India’s Finance Minister Nirmala Sitharaman, was attended by senior executives from automakers including Maruti Suzuki, Hyundai Motor, Toyota Motor, Skoda, Mahindra & Mahindra, Tata Motors and Hero MotoCorp and auto parts makers Minda Industries and India Pistons.The executives also asked the government to go slow on its electric vehicles plan.

The government responded to apprehensions expressed by Tesla founder Elon Musk that the company would have to source a certain percentage of local components to set up plant here.Last year in April, the company had stated that it planned to enter India with its Model 3 in 2017.New Delhi: The government today clarified that US-based electric car major Tesla will not have to source local components if it plans to set up a manufacturing unit in India.. Such norms are not applicable to manufacturers as goods are produced in India, it added Musk in his tweet has said: "Maybe Im misinformed, but I was told that 30% of parts must be locally sourced and the supply doesnt yet exist in India to support that".

If a foreign company wants to open wholly-owned single brand retail stores in India, it has to mandatorily source 30 per cent of the value of goods from India.The commerce and industry ministry through its Make in India Twitter handle stated that the foreign direct investment (FDI) policy does not mandate any such minimum sourcing of components by manufacturers. "FDI policy also permits wholesale of imported goods in India Ultra capacitor components Manufacturers without sourcing conditions," the ministry said. In a visit to the companys plant last year, Minister of Road, Transport and Highways Nitin Gadkari had offered Tesla land near major Indian ports to facilitate exports to South and South East Asian countries while asking the company to make India its Asia manufacturing hub.It is only for retail trading of goods that sourcing conditions are mandated.In September 2015, Prime Minister Narendra Modi had visited Teslas facility in San Jose and showed keen interest in some of their path breaking inventions, particularly in the renewable energy sector which can have multiple applications in remote rural areas.As per the policy, after manufacturing in India, a foreign investor is permitted to sell its products in any manner - wholesale, retail or e-commerce.

.Justice Manmohan also issued notice to the Centre, the Delhi government, a CNG kit manufacturer and importers and a testing agency notified by the Centre seeking their reply by January 20 next year." Urging the court to "recall spurious kits from across the country", the petitioner said that the cars are like a bomb on roads and is posing a serious threat to public safety. The court was hearing a plea by Society For Alternate Fuel and Environment (Safe), which has alleged that the government has decided to go easy on many manufacturers and importers of CNG kits and brush aside their criminal acts.Advocate Kapil Sankhla, appearing for the society of the kit manufacturers and CNG retro-fitters in vehicles, submitted that the manufacturers have "defrauded the government and obtained exemption from following stringent safety standards which are mandatory for all the components installed in cars as per Central Motor Vehicles Rules, 1989, including CNG regulators which are essential components of CNG kits installed in cars.

The counsel further submitted that "unlawful and illegal acts by certain manufacturers and importers of CNG kits, brings to light glaring corruption and inadequacies in the working of testing agencies which are statutorily designated by the Centre as well as complicity of officials of both the government.New Delhi: On a plea seeking recall of spurious CNG kits, the Delhi high court has sought the reply of the Centre and the AAP government on a plea alleging that a large number of CNG kits, made without following the China Lithium battery components Factory stringent safety standards, are flooding the market causing increase in pollution and endangering human life." "By this act, the perpetrators of the unlawful acts have managed to flood the market with spurious CNG kits, thus causing massive increase in pollution and endangering life of the man on the road," the plea said. The plea sought direction to the authorities concerned to undertake a comprehensive enquiry into the genuineness and veracity of exemption certificates granted to manufacturers of CNG kits/components.