Brussels, Belgium| XINHUA | The European Union (EU) is preparing countermeasures against the United States after the World Trade Organization (WTO) has confirmed the EU’s retaliation rights in reaction to illegal subsidies granted to the U.S. aircraft maker Boeing, the European Commission said on Monday. The announcement was made after …
Read More »EU can slap tariffs on U.S. goods over Boeing aid: WTO
Geneva, Switzerland | XINHUA | The World Trade Organization (WTO) on Tuesday ruled that the European Union (EU) can impose tariffs on U.S. products worth around 4 billion U.S. dollars, in retaliation for government subsidies given to the aircraft manufacturer Boeing. The WTO said in an arbitration decision that the …
Read More »Trump says ‘phase 1’ China trade pact on track for November
Washington, United States | AFP | US President Donald Trump on Monday said progress in developing the text of a partial trade pact with China means he will likely be able to sign it next month. Trump remains upbeat on the chances Beijing and Washington will seal the mini-deal he announced …
Read More »US and China open trade talks in Beijing
Beijing, China | AFP | US and Chinese negotiators kicked off two days of high-level trade talks in Beijing on Thursday hoping to resolve a festering dispute that has cast a shadow over financial markets and the global growth outlook. Pressure to seal an accord ahead of a March 1 deadline set by Donald Trump …
Read More »