AJOT | May 13, 2019 | International Trade
Bloomberg | May 13, 2019 | International Trade
President Donald Trump threatened that the trade standoff with China will “get worse” if there is retaliation for U.S. tariffs that go into effect on Chinese goods Monday.
As European Union governments scramble to save the Iran nuclear accord from U.S. efforts to scuttle it, the mood in diplomatic circles has blackened. Then suddenly, U.S. Secretary of State Michael Pompeo lands in Brussels with little warning.
The European Union is finalizing a list of American goods to target with retaliatory tariffs in the event that U.S. President Donald Trump, who is expected to make a decision by May 18, imposes levies on car imports.
Bloomberg | May 13, 2019 | Energy | International Trade
Bloomberg | May 12, 2019 | International Trade
Agriculture Secretary Sonny Perdue wants China to be a customer of American farm products, even after Washington hiked tariffs on more than $200 billion in Chinese goods, and said retaliation by Beijing would prompt the U.S. to boost support to its farmers.
AJOT | May 10, 2019 | International Trade
Bloomberg | May 10, 2019 | International Trade
U.S. President Donald Trump, the morning after levying fresh tariffs on China, says talks between the two countries "continue in a very congenial manner -- there is absolutely no need to rush."
The U.S. and China are taking another swing at global sentiment, bad news for Europe as the economy starts to find its feet after a torrid year.
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