International trade

Mexico's Economy Minister Graciela Marquez said on June 3 that the tariffs U.S. President Donald Trump has threatened to place on Mexican exports would impact all 50 U.S. states and harm value chains, consumers and trade-related jobs in both nations.

Turkey has reduced tariffs on some U.S. imports in response to a similar United States move to halve tariffs on Turkish steel imports, the official gazette showed on May 21.

This was decided by the Ministers of Culture of the countries of the region, reported NOVA TV. 

Deepening a trade battle and sending financial markets into a tailspin, China announced on May 13 it was raising tariffs on $60 billion of U.S. goods in retaliation for the latest hike in U.S. tariffs on its exports.

Turkey's machinery exports boosted in the first four months of this year, showed data from an exporters' association on May 10.

You heard that phrase if you live in Bulgaria, didn't you? It is usually accompanied by a complaint about the bright socialist past when the country had factories and exported electrоcars, computers and other internationally-renowned products from the local industry.

Speaking to Politika daily, Ljajic said the existence of the 2006 trade deal was in doubt after Pristina's decision to introduce taxes and non-tariff barriers for Serbian goods.

President Donald Trump threatened Friday to seal the US-Mexico border "entirely" if Congress does not approve billions of dollars in funding for a wall, reports AFP. 

British ferry and shipping freight operator P&O is reviewing its UK-registered fleet and is already reflagging two vessels to keep European Union tax arrangements ahead of Britain's departure from the bloc, the company said.

A P&O spokesman said two of its UK ships operating on the English Channel route to France would be reflagged to Cyprus.

[Reuters]

Turkey has won its first appeal at the World Trade Organization (WTO) against additional U.S. tariffs imposed on steel imports, Trade Minister Ruhsar Pekcan said on Dec. 19.