Trade wars articles
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China and EU Trade Tensions Risk a Full Trade War, European Chamber President Warns
GUANGZHOU, China, April 17 (Reuters) – China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group
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Trade war: Why Biden and Trump are working to out-tariff each other
President Joe Biden and presumptive GOP nominee Donald Trump are now working to one-up each other with various tariff proposals despite both political parties enthusiastically backing free trade just a few years ago. The latest came on Wednesday, when Biden proposed tripling the import tariff on Chinese steel and aluminum, subject to an investigation by […]
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Turkey Imposes Trade Restrictions On Israel Over Gaza War
Turkey said it would impose trade restrictions on Israel starting Tuesday over the war in Gaza, covering a range of products including cement and steel and iron construction materials.The new measures come a day after Turkey said Israel had blocked its attempt to airdrop aid to Gaza."This decision will remain in place until Israel declares a ceasefire immediately and allows adequate and uninterrupted flow of humanitarian aid into Gaza," the trade ministry announced on social media.It attached a...