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US, Japan reach deal to cut tariffs on Japanese steel, fight excess output

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US, Japan reach deal to cut tariffs on Japanese steel, fight excess output

The U.S. and Japan announced a deal on Monday to remove Trump-era tariffs from about 1.25 million tons a year of Japanese steel imports, after Washington granted similar access to European Union steelmakers last year.

The new agreement, which excludes aluminum, will take effect on April 1, U.S. officials said, and required Japan to take “concrete steps” to tackle global steel overcapacity, largely concentrated in China.

Japan will begin implementing “appropriate domestic measures, such as anti-dumping, countervailing duties and safeguard measures or other measures with at least equivalent effect” within six months to establish more market-oriented conditions for steel, the joint statement said.

The agreement, like the EU steel-aluminum deal reached in October, requires steel imports from Japan to be produced entirely in the country for duty-free access, a standard dubbed “melting and pouring” to reduce the risk aversion of Chinese steel U.S. tariffs.

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“This is a step towards a solution … but we will continue to strongly urge the U.S. to fully remove tariffs in a manner consistent with WTO rules,” Japan’s Industry Minister Koichi Hagida said on Tuesday.

A ministry official said the aluminum exclusion reflected the U.S. position, not a Japanese request.

Complete News Source : Business Standard

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Review of the spy thriller “Heart of Stone”: Alia Bhatt shines.

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Review of the spy thriller “Heart of Stone”: Alia Bhatt shines.

In a realm where intrigue and suspense collide, Bollywood’s beloved star Alia Bhatt has once again proven her mettle in the enthralling spy thriller “Heart of Stone.” Directed by the visionary Raj Mehta, this cinematic marvel takes audiences on a roller-coaster ride through espionage, deception, and unrelenting action, with Bhatt’s luminous performance at its epicenter.

A Glimpse into the Plot

“Heart of Stone” delves into the shadowy world of espionage, where nothing is as it seems, and allegiances can crumble in an instant. Bhatt’s character, Maya Verma, is a compelling enigma—a resolute intelligence operative navigating a labyrinth of covert operations and intricate deceptions. As the layers of the narrative peel away, Maya finds herself ensnared in a high-stakes game where trust is elusive and danger lurks in every frame.

The Resplendent Alia Bhatt

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Alia Bhatt’s portrayal of Maya Verma is nothing short of a revelation. Known for her remarkable versatility, Bhatt imbues Maya with a potent mix of strength and vulnerability. With every expression, every gesture, she breathes life into a character that resonates on both emotional and cerebral levels. Bhatt’s artistry reaches its zenith as Maya grapples with inner demons while outwitting her adversaries—a captivating dance that only an actress of her caliber could orchestrate.

Raj Mehta’s Directorial Panache

Raj Mehta, celebrated for his directorial finesse, orchestrates the tapestry of “Heart of Stone” with masterful precision. Seamlessly weaving heart-thumping action sequences and labyrinthine plot twists, Mehta keeps the audience on the edge of their seats. His meticulous attention to detail manifests in every scene, painting a cinematic canvas that’s as thrilling as it is visually arresting.

Supporting Cast: A Tapestry of Brilliance

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The constellation of talent in “Heart of Stone” goes beyond Alia Bhatt. The ensemble cast, featuring Rajkummar Rao, Aditi Rao Hydari, and Vicky Kaushal, contributes to the film’s tapestry with their impeccable performances. The chemistry between the characters adds depth to the narrative, amplifying the emotional resonance and enriching the overall storytelling.

A Symphony of Cinematic Excellence

“Heart of Stone” is an embodiment of cinematic finesse. The film’s production values, from picturesque locations to evocative cinematography, envelop the viewer in a sensory feast. The musical score, composed with an acute understanding of the narrative’s ebbs and flows, elevates the tension and emotions, further ensnaring the audience in the movie’s spellbinding aura.

A Triumph of Genre Fusion

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Critics and audiences alike have bestowed “Heart of Stone” with effusive praise for its seamless fusion of espionage, action, and drama. The film’s ingenious plot twists, coupled with Alia Bhatt’s extraordinary performance, thrust it into the echelons of standout espionage thrillers. It’s a symphony of storytelling that resonates long after the credits roll.

In a year replete with cinematic treasures, “Heart of Stone” stands tall as an embodiment of brilliance. Alia Bhatt’s luminosity shines with unparalleled intensity, solidifying her place as one of Bollywood’s brightest stars. This cinematic tour de force is a must-watch, an experience that unearths the magic created when remarkable talent converges to craft an indelible cinematic journey.

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