The US and China are heading towards a trade war after President Donald Trump went ahead with his threat to impose tariffs on Chinese goods.
Leaders of the Group of Seven rich nations are set to clash with a combative President Trump at the Quebec summit over tariffs they fear could lead to a trade war.
The European Commission is to strike back at the US' 'illegal' imposition of tariffs on European steel and aluminium by imposing €2.8 billion in duties on US products.
Beijing says all countries should oppose trade protectionism.
The French Minister of Foreign Affairs Jean-Yves Le Drian called the move brutal and unacceptable
With Washington proving something of an unreliable ally of late, the EU is looking at its own diplomacy and how it can occupy the world stage, without its big brother across the Atlantic.
To discuss Europe’s historical trade ties and cultural exchange with the Emirates’, the EU’s Ambassador to the UAE, Patrizio Fondi, sat down with Inspire for an exclusive interview
The morning's news, as it unfolded.
US President Donald Trump is stepping up the war of words on trade, this time threatening to take on the European Union.
A further 100 billion dollars' worth of tariffs would be in addition to the 50 billion dollars' worth announced earlier this week
Fears of an all-out trade war between the two economic giants once again hit stock markets
China has reacted to Donald Trump's announcement on tariffs by proposing three billion dollers' worth of tariffs on U.S. imports. The country is urging Trump to pull back from the brink.
The United States will not apply new steel and aluminium tariffs to the European Union, but China will be taxed.