World Trade War : US and China trading threats

So in the end, the US tariffs announced for June 15 on $50bn Chinese imports were postponed for July 6 and include mostly goods containing “industrially significant technologies”. China did not lost time and replied within hours with a tit-for-tat own list targeting especially agricultural US products. As if all this was not enough, on Monday, June…… Continue reading World Trade War : US and China trading threats

Global Trade War : German Cars

Slapping tariffs on steel and aluminium under National Security provisions is one thing; but cars ? Restricting car imports into the US through the same Section 262 ? The investigation is under way in the Commerce Department, and it seems to be forced into resolve for the November midterm elections. The U.S. auto industry, composed…… Continue reading Global Trade War : German Cars