About: trade war

Economy & Jobs 05-11-2018

China responds to Trump’s barriers by opening its wallet

Chinese president Xi Jinping promised on Monday (5 November) to continue opening up his nation's economy and to increase imports by fuelling citizens’ spending power, as a response to growing protectionism and unilateralism.
Economy & Jobs 29-10-2018

Expert: US-China dispute ‘is not a trade but economic war’

The ongoing trade dispute is an instrument of cold economic warfare launched by the US to “contain” China, and it could lead to the fragmentation of the global economic and financial system, warned Alicia García-Herrero, a senior fellow at Bruegel think tank.
Economy & Jobs 26-10-2018

Commission eyes FinTech to boost euro’s role on global stage

New pan-European payment instruments, including solutions based on emerging technologies in the financial sector or FinTech, are a part of the European Commission’s plan to boost the euro's standing in international markets.
EU Elections 2019 22-10-2018

European elections amid a looming economic storm

The slowdown of Europe’s economic growth and the risk of a new recession if the ongoing trade war worsens could steer the political agenda in the run-up to next May's European elections.
Economy & Jobs 12-10-2018

Ambassador Zhang: China will do more to strengthen IP protection

China and the EU are “in the same boat” when it comes to preserving multilateralism, China's ambassador to the EU, Zhang Ming, stressed in an exclusive, wide-ranging interview with EURACTIV.com, which also addressed next week's ASEM summit and China's relations with its Asian neighbours.
Economy & Jobs 13-08-2018

Trump trade rows are ‘destroying’ growth, says German minister

Germany's economy minister on Sunday lashed out at US President Donald Trump, slamming his global trade rows and efforts to "dictate" Europe's dealings with Iran through renewed US sanctions.
ASEAN 03-08-2018

ASEAN, EU close ranks in face of trade war threat

Southeast Asia and Europe stressed the importance of pushing back against protectionism and the threat of global trade wars on Friday (3 August), as their ministers work towards the eventual goal of a region-to-region free trade pact.
Economy & Jobs 02-08-2018

European markets sink as trade war fears build

European equities markets were in the red on Thursday as trade war fears ratcheted higher after the United States said it was looking at more than doubling threatened tariffs on a range of Chinese imports.
Brexit 02-08-2018

Bank of England poised to raise rates in the face of Brexit risk

The Bank of England looks set to raise interest rates on Thursday (2 August) to their highest level since the financial crisis, defying warnings that it is taking a gamble ahead of Brexit, the terms of which remain unclear.
Economy & Jobs 02-08-2018

Trump adds to China trade pressure as EU hails US soybean surge

As US President Donald Trump gears up pressure on China for trade concessions by proposing a higher 25% tariff on $200 billion worth of Chinese imports, the EU hailed a near three-fold jump in soybean imports from the US, attributing the surge to "market forces" and not last week's highly touted trade deal with President Trump.
Economy & Jobs 26-07-2018

EU offers trade talks to Trump despite steel and olive tariffs

The EU and US will stick with trade talks even if Donald Trump decides to maintain tariffs on steel and aluminium after promising European Commission President Jean-Claude Juncker a reassessment.
Global Europe 26-07-2018

Juncker-Trump trade deal disrupts European unity

US President Donald Trump and European Commission boss Jean-Claude Juncker might have cracked the united front of the 28 member states, as France has already questioned the terms of their agreement and asked the Commission for clarifications.
Economy & Jobs 26-07-2018

Soybeans bring appeasement to EU-US trade war

The EU's pledge to import more soybeans from US farmers was the ‘dealmaker’ in the agreement between European Commission President Jean-Claude Juncker and US President Donald Trump to stop the dispute and open trade talks, EU sources told EURACTIV.
Economy & Jobs 25-07-2018

EU prepares retaliatory tariffs on $20 bln of US goods

The European Commission is drawing up a list of $20 billion of US goods to hit with duties if Washington imposes tariffs on imported cars, trade Commissioner Cecilia Malmstrom said on Wednesday (25 July), on the eve of her boss's meeting with US President Donald Trump.
Global Europe 24-07-2018

German industry boss urges Juncker to pull emergency brake in EU-US trade dispute  

Washington needs to de-escalate its rhetoric and cease using tariffs under the guise of national security, the president of the powerful Federation of German Industries (BDI) said on Monday (23 July) in Berlin, ahead of Wednesday's meeting between US President Donald Trump and European Commission chief Jean-Claude Juncker.
Global Europe 17-07-2018

Juncker to meet Trump in Washington on 25 July

European Commission President Jean-Claude Juncker will meet with US President Donald Trump at the White House on 25 July in an attempt to repair the strained relations between the transatlantic allies.
Economy & Jobs 16-07-2018

EU-China summit boosts negotiations towards an investment agreement

The European Union and China agreed to enhance market access and investment and to speed up negotiations over geographical indications during a leaders’ summit in Beijing on Monday (16 July). But EU leaders indicated they wanted to see China's promises translated into action.
Economy & Jobs 12-07-2018

Trade war starts to dent European growth

The European Commission cut expected EU growth for this year by 0.2% compared to its forecast less than three months ago, as output was weaker than expected during the first semester and external risks, especially the trade war, are on the rise.
Economy & Jobs 11-07-2018

‘All options’ are on the table to respond to Trump’s tariffs on black olives

The European Commission said on Wednesday (11 July) that “all possible options” are on the table to respond to the confirmation of the US tariffs on Spanish ripe olives, seen by the Europeans as ‘not justified’.
Economy & Jobs 10-07-2018

Germany would not be the main victim of Trump’s car tariffs

In May 2018, Donald Trump commissioned the US Department of Commerce to investigate whether car imports constitute a threat to US national security. It would seem so according to figures, but that is no more than an excuse to impose tariffs, writes Dr Clemens Fuest.
EU-China 06-07-2018

Success of EU-China summit in the air as trade differences remain

The EU and China are speeding up preparatory work for their bilateral summit in Beijing in mid-July. The two sides are trying to agree on a joint position despite differences on trade issues including subsidies and market access.
Economy & Jobs 03-07-2018

Top US business group assails Trump’s handling of trade dispute

The US Chamber of Commerce on Monday (2 July) denounced President Donald Trump's handling of global trade disputes, issuing a report that argued tariffs imposed by Washington and retaliation by its partners would boomerang badly on the American economy.
Economy & Jobs 02-07-2018

EU ready to start trade war if US hits European cars

The EU has threatened the US with countermeasures worth $294 billion if the Trump administration imposes further tariffs on European cars as a result of the ongoing investigation into whether they pose a possible threat to national security.
Economy & Jobs 28-06-2018

Summit conclusions detail reform plan for WTO to please Trump

The EU leaders agreed “in substance” on Thursday (28 June) on a set of proposals to improve the World Trade Organisation, which should pave the way for finding common ground with US President Donald Trump and de-escalating the ongoing trade dispute. But Italy blocked their formal adoption until the migration issue was fully addressed.