China tightens drone export controls to the US in response to trade sanctions
China is restricting drone exports to the United States. This can be seen as a countermeasure after Washington's trade sanctions, writes Bloomberg.
BusinessChina is restricting drone exports to the United States. This can be seen as a countermeasure after Washington's trade sanctions, writes Bloomberg.
BusinessThe US is introducing new tariffs against a wide range of countries starting Friday - as the old tariffs expire. “This does not seem to involve any drama for Swedish companies,” says Minister of Development Cooperation and Foreign Trade Benjamin Dousa (M) in a written comment.
BusinessTurkish border police have seized more than a ton of drugs hidden in a truck at the border with Greece, authorities say.
WorldChinese and American representatives are to meet in South Korea at the beginning of the week ahead of a summit between the presidents of the two countries, which is expected to begin on Thursday.
BusinessHousing construction in the United States increased unexpectedly in March to an annual rate of 1.5 million homes, federal statistics show.
BusinessCentral bank governor Anna Breman is criticized by New Zealand Foreign Minister Winston Peters for supporting fellow central banker Jerome Powell.
BusinessChina has lifted its export ban to the United States on three critical metals, the country's Ministry of Commerce announced, according to several media outlets. These are the metals gallium, germanium and antimony.
BusinessThe Trump administration is gearing up for a new tariff shock next year – on industrial robots, machines and healthcare items. They need the money. I think it's a reason why they're looking at more goods, says Elisabet Kopelman, US economist at SEB.
BusinessThere are no negotiations whatsoever between the USA and China regarding the high tariffs. This is stated by a spokesperson for the Chinese trade department on Thursday.
BusinessChina raised the new tariffs on goods from the USA to 84 percent. The USA's President Donald Trump in turn raised the tariffs on Chinese goods to 125 percent. The WTO warns that trade between the two countries may decrease by 80 percent.
BusinessChina promises to respond and fight "to the end" if US President Donald Trump makes good on his latest threat to further escalate to 104-percent tariffs on Chinese goods.
BusinessThe USA is demanding in a letter addressed to large European companies that they comply with Donald Trump's presidential order, which prohibits guidelines on diversity, justice, and inclusion. Unacceptable, comments the French trade department.
BusinessChina will introduce new tariffs on Canadian goods, warns Beijing on Saturday.
BusinessUSA's president Donald Trump can compromise on the issue of tariffs against Canada and Mexico, according to Trade Minister Howard Lutnick. The USA will likely meet the two countries halfway, according to Lutnick.
BusinessBeijing "does not accept" the tariffs that the EU will impose on imports of electric vehicles from China as of Thursday.
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