Trump imposes tariffs - Leaders of 11 countries ink huge trade deal
At a finance ministers' summit, the group issued a statement calling for dialogue over economy-killing trade disputes. The US reportedly tried to woo the EU and Japan for leverage over China.
The EU has slammed US President Donald Trump's plans to raise tariffs of up to 25 percent on imported cars. 'A solution in search of a problem' is how EU trade commissioner Cecilia Malmstrom put it.
The trade conflicts between the US and several of its biggest partners are escalating. Among those wary of the consequences are American companies and thousands are scrambling to be made exempt from certain tariffs.
US President Donald Trump has hit out again at US trading partners, indicating he is ready to impose tariffs on every product imported from China into America. Trump also ramped up attacks on the EU and Federal Reserve.
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