• SENSEX
    NIFTY 50
Economy

Alibaba's Jack Ma says can't meet promise to create 1 million US jobs

Updated : September 20, 2018 06:57 AM IST

Ma had met US President Donald Trump two years ago and laid out the Chinese e-commerce giant's plan to bring one million small US businesses onto its platform to sell to Chinese consumers over the next five years.
Ma said on Tuesday that trade tensions between the United States and China could last for two decades and would be "a mess" for all parties involved.
Trump on Monday imposed 10 percent tariffs on about $200 billion worth of imports from China, and threatened duties on about $267 billion more if China retaliated against the US action.
Alibaba's Jack Ma says can't meet promise to create 1 million US jobs
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV