US trade deficit shrinks as exports to China surge April 17, 2019 The US trade deficit narrowed again in February, the government said today, reaching its lowest figure in seven months as the Trump administration continues to wage tariff wars around the globe. Read more: EU trade in goods surplus with US increases as economic tensions rise The goods trade deficit with China decreased by 28 per [...]
EU threatens $20bn of tariffs on US goods from ketchup to helicopters April 17, 2019 The European Union has threatened to slap $20bn (£15.3bn) worth of tariffs on American goods in retaliation for possible tariffs from the US, as the long-running conflict over aircraft subsidies continues. Read more: US threatens tariffs on $11bn of EU goods The European Commission today said it could tariff everything from rum and ketchup to tractors and helicopters, [...]
EU trade in goods surplus with US increases as economic tensions rise April 17, 2019 The European Union’s trade in goods surplus with the US grew in January and February compared to a year earlier, a development that could further raise tensions with the Trump administration. Read more: EU officials given go-ahead to negotiate with Trump on tariffs Meanwhile, the EU’s trade in goods deficit with China increased, driven by [...]
Extraordinary? It’s business as usual in Trump’s White House April 17, 2019 Donald Trump is probably the most extraordinary individual to ever be President of the United States. But his presidency is actually rather ordinary. This is not to argue that Trump is an ordinary President – far from it. In almost everything he says and does, how he projects himself in speeches, tweets and meetings with [...]
Monetary policy is too crucial to leave in Labour’s meddling hands April 16, 2019 Even by Donald Trump’s standards, it was an extremely Donald Trump thing to do. Last week, the President nominated Herman Cain for a seat on the board of the Federal Reserve, attempting to hand oversight of the world’s largest economy to a maverick gold-standard enthusiast. The nomination appears to be doomed, largely because of the [...]
EU member states give green light on US trade talks despite French resistance April 15, 2019 The European Union has voted to kick off trade talks with the US in the face of French resistance, it announced today. Read more: US threatens tariffs on $11bn of EU goods A meeting of member states today voted overwhelmingly to give the European Commission, which deals with trade policy, the green light to start negotiations [...]
Boeing should rebrand 737 Max jet after deadly crashes, tweets Trump April 15, 2019 Boeing should seek to turn around the fortunes of its 737 Max jet by rebranding the model, according to US president Donald Trump. Read more: Boeing to reduce 737 model production in wake of crashes In an early morning tweet from Washington, Trump offered the world’s biggest jet manufacturer a slice of his unique wisdom, [...]
Another chapter ends in the surreal adventures of Julian Assange April 12, 2019 It is false and defamatory to suggest that Julian Assange lives, or has ever lived, in a basement, cupboard, or under the stairs. The same applies to suggesting that the Wikileaks co-founder filed a lawsuit against Ecuador over laundry, used a skateboard in the Ecuadorian embassy, or failed to look after his cat. And so, [...]
EU officials given go-ahead to negotiate with Trump on tariffs April 11, 2019 Officials from the European Union have provisionally agreed to opening formal trade talks with the US in a bid to cool an escalating spat between two of the world's largest economies. A meeting of ambassadors today gave the EU Commission clearance to negotiate with its counterparts in the US, sources told Reuters. The commission was [...]
Warner Bros files copyright complaint against Trump’s Dark Knight Rises re-election tweet April 10, 2019 Warner Brothers is taking legal action against US President Donald Trump after he posted a video on Twitter that used music from The Dark Knight Rises. Read more: Mueller report to be released 'within a week' Trump yesterday posted the two-minute promotional video, seemingly as part of his 2020 re-election campaign, accompanied by the caption “MAKE [...]