Beijing said it was “forced to take necessary countermeasures” after Trump imposed 25 per cent duties on about USD 34 billion in Chinese machinery, electronics and high-tech equipment including autos, computer hard drives and LEDs. China was expected to respond dollar-for-dollar but did not immediately release details of the countermeasures, which were expected mainly to … Read more
The list of U.S. imports worth 2.8 billion euros includes a vast range of items, such as cranberry, orange juice, peanut butter, jeans, cosmetics, motorcycles, and steel products. While the list did not name specific brands, Jean-Claude Juncker, the President of the European commission, have warned that the EU intends to tax items such as … Read more
The administration has reached a final agreement with South Korea on steel imports, the outlines of which were previously announced by US Trade Representative Robert Lighthizer and Republic of Korea Minister for Trade Hyun-chong Kim, the White House said in a statement. The administration has also reached agreements in principle with Argentina, Australia, and Brazil … Read more