Markets

Europe’s steel tariff move tips over another domino in Trump’s trade war with China

The EU opted to make previously temporary steel tariffs permanent Wednesday matching US tariffs on imports. The move highlights that protectionism is spreading and Donald Trump’s trade war with China is entrenching itself into global economy. European automakers are “extremely disappointed” with the move restricting imports sending carmakers’ share prices […]
Europe’s steel tariff move tips over another domino in Trump’s trade war with China
News

China says the US has ‘a knife to its neck’ over trade talks

A senior Chinese official has described dealing with the United States on trade as akin to negotiating with “a knife to China’s neck”. The remark follows a string of inflammatory remarks from Chinese policymakers following the introduction of new tariffs on Chinese imports from the United States on Monday. The […]
China says the US has ‘a knife to its neck’ over trade talks