Time is running out for the EU to secure continued exemptions from US tariffs on steel and aluminum imports.
Global trade tensions have been brewing for months with tariffs and counter-tariffs flying between the US, China and several other countries. The US government has now challenged some of the tariffs at WTO level.
"Berlin is the city of freedom," a business agency in the German capital has contacted Harley-Davidson's CEO. The iconic US company is looking to move some production abroad to avoid the fallout of an EU-US trade spat.
US officials have revealed a list of Chinese goods they will be targeting with 10 percent tariffs, raising fears of an escalating trade war. US retailers have slammed the decision, as has China itself.
The trade conflict between the US and the EU escalates: After Trump's threat to slap higher duties on auto imports from the bloc, the EU warns it could sanction US exports worth billions.
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