Now playing Next Business How Apple lost nearly $200 billion almost overnight Apple's shares have been tumbling for the second day in a row, losing the equivalent of Hungary's GDP, after news that the tech giant could face a partial iPhone ban in China. 08/09/2023
Now playing Next Europe News Trade war over green subsidies looms large over EU-US tech summit The EU is scrambling to counter billions of industrial subsidies under the Inflation Reduction Act promoted by President Joe Biden. 05/12/2022
Now playing Next France Macron-Biden meet is 'turning point' to avert trade war, Le Maire says France's finance minister Bruno Le Maire said talks between Macron and Biden in Washington have reassured European concerns over the US Inflation Reduction Act, a massive subsidies package to US manufacturers. 02/12/2022
Now playing Next Europe News Europe needs 'strong' response to massive US subsidies - Le Maire The US Inflation Reduction Act includes hundreds of billions of dollars of investment including state aid for industries. The EU's trade commissioner has said it appears to discriminate against European businesses. 07/11/2022
Now playing Next Europe Decoded Brussels backs Lithuania in row with China over Taiwan Vilnius and Brussels have said Beijing has stopped clearing customs for products from Lithuania. 14/01/2022
Now playing Next USA Singapore man admits being spy for Chinese intelligence in US A Singaporean man pleaded guilty in the US to working as a foreign agent for China, as diplomatic tensions between Washington and Beijing escalate in a tit-for-tat consulate closure. 25/07/2020
Now playing Next Business US and China sign agreement aimed at ending trade war China said the trade deal with the US was "``good for China, the US and for the whole world`". 15/01/2020
Now playing Next world news US and China cool trade war with 'Phase one' deal The US and China struck a 'Phase one' trade deal on Friday, with Washington cutting tariffs in exchange for Chinese purchases of American products. 14/12/2019
Now playing Next USA Euroviews. Stock market drops and China trade woes evoke the trauma of 2008 — but don't panic (yet) ǀ View Even if the U.S. economy is slowing, that doesn’t mean we're headed back to the dark days of the Great Recession. 08/08/2019
Now playing Next Business Trump dismissed trade war concerns US stocks opened higher on Tuesday as China stepped in to stabilise the yuan, a day after Wall Street's main indexes racked up their steepest one-day percentage fall of the year. 06/08/2019
Now playing Next World US labels China a 'currency manipulator' as trade war deepens The United States has officially designated China a "currency manipulator", the first such accusation between major powers for a quarter of a century. 06/08/2019
Now playing Next Business US-China trade tensions escalate China on Friday said it would not be blackmailed and warned of retaliation after US President Donald Trump vowed to slap a 10% tariff on 270 billion euros ($300 billion) of Chinese imports from next month, sharply escalating a trade row between the world's biggest economies. 02/08/2019
Now playing Next Business Apple may move production of Mac Pro from US to China Reports of the move came the day before the US and China announced at the G20 summit in Japan that they would re-start trade talks. 29/06/2019
Now playing Next Europe News Pompeo says current US-Europe trade deal is 'not fair' Relations between Europe and the U.S. are “excellent” but current trade terms are “not fair” to America, Mike Pompeo said. 03/06/2019
Now playing Next USA Trump announces plan to raise tariffs on Chinese goods as trade talks continue "The Trade Deal with China continues, but too slowly, as they attempt to renegotiate," Trump wrote. "No!" 05/05/2019
Now playing Next USA How is the US threatening to punish Europe over Airbus? Washington has plans to slap tariffs on a list of European products, from planes to oysters, in retaliation for European aircraft subsidies. 09/04/2019
Now playing Next USA Euroviews. US-China trade war: Could Silicon Valley's dominance soon end? | View The current trade war between the U.S. and China will, like all such disputes, produce no winners. 05/11/2018
Now playing Next USA What impact will Trump's new tariffs on China have? | Euronews answers The US-China trade war looks set to escalate and there are warnings of consumer price rises, after the White House announced tariffs on $200bn of Chinese goods. 18/09/2018
Now playing Next Italy Europe briefing: 7 stories to know about today Here are the latest news and updates as they happened this morning. 23/08/2018
Now playing Next China China says it's ready for protracted trade war with US After a weekend of claims by US President Donald Trump that he has the upper hand in the trade war with China, Beijing responded through state media by saying the nation is ready to endure the economic fallout 06/08/2018