US President Donald Trump imposed higher tariffs on European aluminum last year. Six months on, a German aluminum producer is saying "Thanks Mr. Trump." We visited a plant near Dusseldorf.
US businesses in China are increasingly worried about the trade conflict between the US and China. They are bearing the brunt of tariffs and non-tariff barriers adopted in recent months, a new survey said.
The US has dropped steel and aluminum tariffs on Canada and Mexico. The tariffs had stood for just under a year and were part of a bitter trade dispute between the North American trading partners.
The ongoing trade tensions between the world's two largest economies and tit-for-tat tariffs have adversely affected the fortunes of many European companies in China, a new survey reveals. The outlook remains gloomy.
Amid stalled trade talks with the Trump administration, a strategy of waiting out next year's US presidential election in the hope for a Democratic victory might be tempting for China. But Beijing better think twice.
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