US-China trade entering tit-for-tat tariffs - Bahrain makes largest oil discovery in its history - Portuguese economy grew 2.7% in 2017
The introduction of an additional 15% tariff on thousands of goods has ratcheted up the Trump-Xi trade war. Although fresh trade talks will resume later this month, Washington and Beijing continue the tough rhetoric.
Google is suspending some services for Huawei smartphones after the Chinese company was placed on a US trade blacklist. The move effectively bars Huawei from making phones and tablets for sale outside China.
If eurozone inflation stays low, the European Central Bank (ECB) could cut interest rates even further and take other steps to boost it, ECB chief Mario Draghi said. The remark prompted accusations from Donald Trump.
China told two US warships to turn back after they sailed near disputed islands without permission. The busy waterway is the latest flashpoint as relations between the world's biggest economies continue to strain.
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