About: trade wars
France sees red over Trump wine tax threat, cheaper vintages seen worst hit
American lovers of fine French wine are likely to keep stocking their cellars and uncorking bottles despite US President Donald Trump's threat to impose a tax in a potential new trade war. But makers of cheaper French vintages are concerned.
Unconventional measures are seeing a comeback at the ECB
The ECB's key interest rate remains at zero and is expected to be at that rate at least until summer 2020. However, ECB chief Mario Draghi is suggesting that a decisive fiscal policy is far more important for the eurozone, especially for Germany and Italy. EURACTIV Germany reports.
CDU party chief wants Germany to reach 2% NATO spending target
The leader of German Christian Democrats, Annegret Kramp-Karrenbauer (AKK), stated on Wednesday (12 June) that German military expenditures would have to be raised to NATO's 2% spending target, while former Foreign Minister Sigmar Gabriel proposed splitting Germany's military spending into two funds. EURACTIV Germany reports.
Global growth continues to weaken, World Bank report confirms
After the IMF and the OECD, the World Bank has also cut its 2019 growth forecasts. Uncertainties over trade and investment are at the root of this slowdown, which is also affecting the eurozone. EURACTIV France reports.
In Fukuoka, EU to focus on trade tensions at G20, seek tax on digital firms
Resolving global trade tensions must be a top priority to preserve an expected modest rebound in global growth, European Union finance ministers will tell G20 counterparts this week amid an escalating US-Chinese trade conflict.
Nazarbayev: I stepped down in the interest of the people of Kazakhstan
The first President of Kazakhstan, Nursultan Nazarbayev, was the main speaker and the centre of attention at the 12th edition of the Astana Economic Forum on Thursday (16 May). To a wide international audience, he provided explanations for his recent...
China defiant as US tariff war escalates
The United States and China appeared at a deadlock over trade negotiations on Sunday (12 May) as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any “bitter fruit” that harmed its interests.
EU commissioner says agriculture not on agenda for US talks
The European Union intends to keep agriculture off the agenda in its trade talks with the United States and continues to support rules-based, open and predictable international commerce, the EU's agriculture commissioner said on Friday (10 May).
China makes ‘unprecedented proposals’ to US on technology transfer
China has made unprecedented proposals in talks with the United States on a range of issues including forced technology transfer as the two sides work to overcome remaining obstacles to a deal to end their protracted trade war, US officials told Reuters on Wednesday (27 March).
Trump wants ‘very big’ US-China trade deal, hints at delays
President Donald Trump said on Thursday (31 January) he wanted a "very big deal" US trade deal with China, but signaled there could be delays if negotiations fail to meet his goals of opening the Chinese economy broadly to US industry and agriculture.
Kosovo’s trade war with Serbia prompts Tirana to push for Albanian unification
A joint session of the governments of Kosovo and Albania has raised the spectrum of Greater Albania, a nationalistic project rejected by the EU, the US and the wider international community. Albania on Monday (26 November) lent support to Kosovo’s 100%...
Argentina G20 summit offers chance for trade war turning point
The United States and China have in the coming week what may be their last chance to broker a ceasefire in an increasingly dangerous trade war when their presidents meet in Buenos Aires.
WTO agrees to hear complaints in spat over US tariffs
The World Trade Organization agreed Wednesday (21 November) to hear complaints from a range of countries over new US steel and aluminium tariffs, as well as complaints from Washington over retaliatory duties.
EU urges Kosovo to revoke import tax on Serbia, Bosnia goods
The European Union called on Kosovo on Wednesday (7 November) to revoke its decision to impose an import tax on goods coming from Serbia and Bosnia, a move that is likely to further sour relations between Pristina and Belgrade.
BMW to build €1 billion car factory in Hungary
BMW will invest 1 billion euros ($1.17 bln) to build a new plant in Hungary at a time when a rise in protectionism is forcing carmakers to curb inter-continental exports and to refocus production networks to serve regional trading blocs.
US official says talks with EU will include agriculture
Agriculture will be part of the negotiations between the United States and the European Union, whether Brussels wants to discuss it or not, US Agriculture Secretary Sonny Perdue said Monday (30 July).
Trump and Conte cement populist front
US President Donald Trump traded smiles, handshakes and compliments with Italy's populist leader Giuseppe Conte Monday (30 July), as the two rightists presented a united front on everything from Russia to immigration.
Germany says US-Europe trade tensions ease, questions remain on soy
The trade relationship between the United States and Europe is improving, German Agriculture Minister Julia Kloeckner said on Saturday (28 July), but there is no guarantee the bloc will buy the quantity of soybeans that Washington expects.
Trump declares victory for farmers in trade spat with EU
President Donald Trump declared victory for American farmers Thursday (26 July) after brokering a ceasefire in a trade dispute with the European Union, but it is unclear how soon it will bring relief to those hurt by tit-for-tat tariffs.
Macron ‘not in favour’ of TTIP-type US-EU deal
French President Emmanuel Macron said Thursday (26 July) he viewed talks between US President Donald Trump and EU Commission chief Jean-Claude Juncker as "useful", but he was "not in favour" of a "vast new trade deal" between the European Union and the United States.
Trump’s plan for US LNG in Europe to face reality check
President Donald Trump's plan for "vast amounts" of US liquefied natural gas (LNG) to be sold to the European Union after trade talks with its top representative faces a reality test.
EU readying tit-for-tat tariffs on $20 billion of US goods
The European Union Commission is preparing to introduce tariffs on $20 billion of US goods if Washington imposes trade levies on imported cars, EU trade commissioner Cecilia Malmström told the Swedish newspaper Dagens Nyheter today (25 July).
Trump pumps up the volume ahead of Juncker visit
US President Donald Trump insisted Tuesday (24 July) that imposing tariffs forces other countries to negotiate with Washington, a day before the European Union chief visits trying to prevent an all-out trade war.