US President Donald Trump’s threat to impose a 25 percent tariff on imported vehicles has left foreign carmakers on edge. German manufacturers and the EU are feeling the heat.
In a heated exchange a day after the midterms President Donald Trump went from pensive to hostile, praising his role in Senate victories, chiding candidates who shunned him and musing about bipartisanship.
Asian shares have jumped to three-week highs following a report that US President Donald Trump is aiming for a swift trade deal with China. The news came only days after Washington had threatened more punitive tariffs.
China is trying to highlight it is open to importing more at a time it is under pressure to open its markets further. Critics say it is more talk than action.
A 144-year-old postal treaty has become the latest battleground in the Trump administration's escalating trade war with China. Washington claims the UN treaty benefits China and other countries at the expense of the US.
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