Trade policy

AFP - Business economists overwhelmingly worry President Donald Trump's trade wars will harm the US economy, according to a survey released Monday.

The Trump administration on Thursday is due to impose its latest round of punitive tariffs on China, putting 25 percent duties on another $16 billion in imports, with Beijing poised to retaliate dollar-for-dollar.

AFP - China has blasted US tariffs on solar panel imports, filing a complaint at the World Trade Organization in the latest salvo of the trade battle between the world's two economic giants.

The European Union and China pledged on June 25 to uphold a rules-based international trade system, making an oblique criticism of growing protectionism in Washington despite their own disagreements.

U.S. trade groups and some large companies such as Boeing said on June 15 they were beginning to evaluate how new tariffs in the U.S.-China trade spat could affect their operations.

Turkey will open anti-dumping investigations into U.S. companies in the wake of new U.S. import tariffs on steel and aluminum in a retaliatory move, Economy Minister Nihat Zeybekci has said.

Brussels, 31 May 2018

The US announced that starting on 1 June 2018 it will impose additional duties of 25 % and 10 % respectively on imports of steel and aluminium from the EU.

Investor morale in the eurozone deteriorated for the fourth month in a row this month to its lowest level since February 2017, hit by concerns about the possible introduction of U.S. tariffs and a protectionist spiral, a survey showed yesterday.

German Economy Minister Peter Altmaier has called for a new European Union trade deal with the United States that would focus on the industrial sector and result in an overall reduction in tariffs.

Greece is closely following developments in the ongoing US-China trade dispute, strongly supports cross-border cooperation and opposes protectionism, Greece's deputy economy and development minister told Xinhua in Athens.

The European Union accused the United States on May 1 of prolonging  "market uncertainty" with its decision to hold off on imposing controversial tariffs on metal imports from key global trading partners.