USPresidentDonaldTrumponSundaysignaledhisintenttomoveforwardwithcontroversialtariffsonsteelandaluminumimportsthathavesparkedfearsofatradewar."Weareonthelosingsi
BritishPrimeMinisterTheresaMayonSundaytoldU.S.PresidentDonaldTrumpthatshehas"deepconcern"athisdecisiontoraisetariffsonsteelandaluminum.ADowningStreetspokesperso
USPresidentDonaldTrumphassteppeduphiswarofwordsovertradetariffs,threateningto"applyatax"onimportsofcarsfromtheEuropeanUnion.MrTrumpsaidothercountrieshadtakenadv
Byimposingtariffsonimportedproducts,theUnitedStateswillweakentheindustriesitintendedtoprotect,AndrewForrest,founderandchairmanofAustralia'sFortescueMetalsGroup,
LeavingtheEuropeanUnionwithoutadealinplacewouldnotspelldisasterfortheUKeconomy,accordingtoafreemarketthinktankadvocatingtradewiththerestoftheworldovera“hamstrun
Airbus could move production of new aircraft models out of Britain if the European plane-maker's "non-negotiable" demands over the free movement of people and trade tariffs are not delivered in upcoming Brexit talks, the Sunday Times reported.
AirbuscouldmoveproductionofnewaircraftmodelsoutofBritainiftheEuropeanplane-maker's"non-negotiable"demandsoverthefreemovementofpeopleandtradetariffsarenotdeliver
Japanese companies with bases in Britain are becoming increasingly anxious over the referendum this week in which the country will vote on whether to leave or remain in the European Union. Their main concerns are over possible increases in costs caused by tariffs and appreciation of the yen against the euro. If British voters choose a so-called Brexit, some company executives are saying they could be forced to review their production and sales strategies.
The 12 countries involved in the U.S.-led TPP free trade talks have made little progress in reaching a pact in the latest round of ministerial talks, with the spotlight focused very much on Japan and its reluctance to alleviate tariffs on what it deems to be its "sacred sectors."
Akira Amari, Japan's minister in charge of the Trans-Pacific Partnership (TPP) free trade negotiations of Japan, brushed aside on Sunday the possibility of making further concessions to the United States on sensitive issues.