How China plans to push back against Donald Trump in ‘economic cold war’

Government wants to position itself as a champion of free trade and defender of globalisation, says source close to Beijing. As Washington escalates trade tensions with threats of tariffs on another US$200 billion worth of goods, China’s leadership is positioning … Read More

Take that, America. Europe’s tariffs take effect

posted in: European Union, News

The European Union has imposed additional tariffs of 25% on products such as motorcycles, orange juice, bourbon, peanut butter, cigarettes and denim â?? part of its response to the Trump administration’s tariffs on steel and aluminum exports from Europe. LONDON … Read More

US, China still ‘very far apart’ on trade: ambassador Terry Branstad

US envoy Terry Branstad’s comments come as Chinese Vice-Premier Liu He arrives in Washington on Tuesday for more talks aimed at averting a trade war. The United States wants China to give a timetable on how it will open up … Read More

‘We’re NOT doing business with these guys’ Donald Trump THREATENS EU

posted in: European Union, News

DONALD Trump blasted the EU and other nations at a rally in Michigan by threatening to “take on” the bloc and claims it takes “advantage” of the US. The US president said the EU “sounds so nice” but it was … Read More

Donald Trump vows friendship with China – but also victory on trade as tariffs mount

posted in: News, United States

WASHINGTON — President Trump vowed friendship with Chinese counterpart Xi Jinping on Sunday despite their trade differences, as the U.S. president and his aides sought to tamp down market fears of a trade war between between the two economic giants. “President Xi and … Read More

As Trump weighs tariff, U.S. steelmakers enjoy rising profits

APA welder fabricates a steel structure at an iron works facility in Ottawa, Ontario. Sean Kilpatrick WASHINGTON – The Trump administration has chosen an odd time to offer special protection to the U.S. steel industry. As President Donald Trump prepares … Read More

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