China says it's preparing retaliatory tariffs against US - Tariffs are a threat to European businesses, economists warn - Steel workers react to EU exemption
US President Donald Trump has threatened new tariffs on Chinese imports, raising fears of an escalating trade war. Trump threatened further sanctions should China — which accuses the US of "blackmail" — retaliate.
Donald Trump ratchets up tensions with plans to impose more tariffs on China. Such punitive measures might be effective in the short term, but in the grander scheme, China has the upper hand, says DW’s Frank Sieren.
The EU has officially imposed tariffs on US jeans, motorbikes, bourbon and other items in response to a similar move from the US. The measures have some experts worried the world could be heading toward a trade war.
G7 finance ministers have sent "a message of regret and disappointment" to President Donald Trump over his tariff decision. Meeting ahead of the main summit, they said there was still time to avoid a trade war.
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