BERLIN (AP) – China is asking the World Trade Organization for the right to impose $2.4 billion in annual penalties on the United States in a case over Chinese subsidies dating back years. A document … [Read more...]
Daily International Trade News
The following stories are selected and excerpted on a regular basis from media around the world on international trade issues that affect the United States. To read the full original article, follow the Source link in each story to the original media.
Is There A Secret U.S. Weapon In The Trade War?
It has been a rough couple of years for the stock market. Since the start of 2018, we have had three sharp market declines, all of which coincided with developments in the so-called U.S. China Trade War. The … [Read more...]
Why Scotch Tariffs Have More to Do With China Than You Think
U.S. tariffs that took effect on Friday on iconic European products including single-malt Scotch whisky have already prompted plenty of grumbling from American consumers. But the more important constituency … [Read more...]
China tariff deal was easy compared to the EU’s bazooka-proof trade walls
The present U.S. administration has only itself to blame for wasting nearly three years of its term of office without balancing trade accounts with China. Instead of focusing on changing America’s trade flows … [Read more...]
World Bank, IMF call for an end to trade wars, warn of global impact
WASHINGTON — The leaders of the International Monetary Fund and the World Bank appealed to their 189 member countries on Friday to resolve widening disagreements on trade and other issues, warning that the … [Read more...]
Fallout from Trump’s trade wars felt by economies around the world
WASHINGTON (Reuters) - The collateral damage of the United States’ trade wars is being felt from the fjords of Iceland to the auto factories of Japan. Central bank governors and finance ministers traded grim … [Read more...]
Wall Street tumbles as trade war threatens U.S. economy
(Reuters) - Wall Street’s main indexes suffered their sharpest one-day declines in nearly six weeks on Wednesday after employment and manufacturing data suggested that the U.S.-China trade war is taking an … [Read more...]
U.S. to hit EU with tariffs of 10% on aircraft, 25% on other goods: official
WASHINGTON (Reuters) - The United States will impose 10% tariffs on aircraft and 25% on other industrial and agricultural products from the European Union as part of a World Trade Organization penalty award in … [Read more...]
Trump delays tariff hike on some Chinese goods by two weeks
WASHINGTON — U.S. President Donald Trump on Wednesday welcomed China's decision to exempt some U.S. anti-cancer drugs and other goods from its tariffs and announced a delay to scheduled tariff hikes on billions … [Read more...]
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