Tag: US tariffs

Categories EU

Europe caved to US ‘bully’ by ‘selling out’ nuclear deal to avoid new Trump tariffs – Zarif

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France, Britain and Germany have betrayed the 2015 nuclear deal after being threatened with US tariffs, Iranian Foreign Minister Mohammad Javad Zarif has claimed, noting that Europe has lost the moral high ground. … Read More >Europe caved to US ‘bully’ by ‘selling out’ nuclear deal to avoid new Trump tariffs – Zarif

Categories Business

Trump’s tariffs hurt more than helped, leading to job losses & higher prices – Fed study

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US tariffs meant to boost the US economy by eliminating “unfair” trade practices, primarily by China, actually took a toll on manufacturing sector jobs and hiked prices, a study by the US Federal Reserve Board has concluded. … Read More >Trump’s tariffs hurt more than helped, leading to job losses & higher prices – Fed study

Categories Asia & Pacific

China to cut import tariffs on some 850 products starting January after trade deal ‘breakthrough’

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China’s finance ministry has announced that it would lower or nix import tariffs on a range of products to “optimize” the country’s trade structure and spur economic development. The new rules start coming into effect next month. … Read More >China to cut import tariffs on some 850 products starting January after trade deal ‘breakthrough’

Categories Asia & Pacific

‘Calm down & fix your attitude!’ Chinese FM says US worldview has become dangerously irrational

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Chinese Foreign Minister Wang Yi urged his American counterparts to “calm down” and adopt a “rational” approach to diplomacy with Beijing, amid efforts to resolve the ongoing trade row between the two countries. … Read More >‘Calm down & fix your attitude!’ Chinese FM says US worldview has become dangerously irrational