China has hit back after US tariffs on Chinese goods came into effect and President Donald Trump threatened to impose more. China’s commerce ministry said it had lodged a new complaint with the World Trade Organization (WTO). Meanwhile, Russia has announced extra duties on US imports in retaliation for earlier US steel tariffs. Beijing has accused the […]
The risk of a global trade war is rising. That could sink the US economy into a recession, bringing an end to the second-longest expansion in American history. Although the economy is strong right now, businesses and investors are growing more worried about President Trump’s trade crackdown. Tensions are escalating, raising the chances that the trade spat will morph into […]
The CEO of Airbus has accused the British government of having “no clue” how to deliver a successful Brexit. “The sun is shining brightly on the UK, the English [soccer] team is progressing towards the final, the RAF is preparing to celebrate its centenary and [the UK government] still has no clue, no consensus on how to execute Brexit without […]