China, Trump and Trade Deal
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4hon MSN
It was already hard to imagine a breakthrough emerging from the direct talks between Russia and Ukraine set to be renewed in Istanbul on Monday.
13hon MSN
President Donald Trump and Chinese President Xi Jinping will speak soon to iron out trade issues including a dispute over critical minerals.
Salzgitter, Germany's second-biggest steelmaker, on Monday warned that Washington's tariff policy was dealing a severe blow to European industry, after the U.S. administration unveiled plans to double steel import levies to 50%.
Eurosceptic Nawrocki's win can deliver considerable setbacks to former European Council President Tusk's pro-EU government.
2h
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But fealty to Mr. Trump is not without risk in November’s general election. Democrats control New Jersey’s State House and Democratic voters still vastly outnumber Republicans, despite the G.O.P.’s recent success in narrowing the gap to about 800,000 voters.
Now, with large tariffs implemented on imports from China, Apple has begun to move some of its manufacturing to India in order to hedge its bets. However, this caught the ire of Trump, who said that Apple will face a 25% tariff on iPhone imports and that the products should be made in the United States in order to reshore manufacturing.
By Hyunjoo Jin and Hongmei Li SEOUL/HANOI (Reuters) -Shares in South Korean and Vietnamese steelmakers, major Asian exporters of the metal to the United States, dropped on Monday after U.S. President Donald Trump said he would double tariffs on imported steel and aluminium to 50%.