On the same day, he targeted China for unfair trade practices, US President Donald Trump exempted the EU from tariffs on steel and aluminum — for now.
The US and China have made progress and come to a "phase one" deal, US President Donald Trump has said. Washington suspended the tariff hike on $250 billions in Chinese goods which was set to go into effect next week.
Cheese, wine, olives and many other European goods are now subject to fresh US tariffs in a row over EU subsidies to Airbus. As Brussels threatens retaliation, Germany urges progress in talks for a US-EU trade deal.
China’s economy grew 6.6% in 2018, its slowest rate since 1990, with trade issues impacting the world’s second-largest economy. DW asked Martin Jacques, an academic who predicted the rise of China, to unpick the signals.
The US government plans to order punitive tariffs on billions of dollars' worth of EU goods after it scored a victory in a long legal fight at the WTO. Many on the EU side warn of retaliation and potential escalation.
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