After the G7 summit ended in disarray, fears are growing that a trade war between the US and the EU could be brewing. US President Donald Trump is now threatening to increase tax on car imports.
Scotland overwhelmingly voted to remain in the EU in 2016. As the Scottish Trade Minister Ivan McKee explained in an interview with DW, the country is eager to promote itself in the face of ongoing UK political chaos.
The world's largest free trade agreement — one between the EU and Japan — is expected to go into force in February. Nearly all duties will be removed.
Another day, another deeply uncertain development in the Brexit saga. Chaos and uncertainty have become watchwords of the process, and business leaders are tired of the confusion.
President Trump and Chinese leader Xi agreed to a 90-day stop to new tariffs in a step to slow an ongoing trade war. The meeting came on the heels of a G20 summit that called for revamping world trade rules.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version