U.S. and Europe Start Negotiations to Halt Trade Wars

In a surprising move, the European Union and the United States have agreed to stop what seemed to be an imminent trade war. U.S. President Donald Trump and European Commission leader Jean-Claude Juncker announced a future deal on Wednesday which will focus on lowering tariffs and “trade barriers.” It is unknown whether these negotiations willRead More

G20 summit finishes without solutions for Trump’s trade wars

The recent summit held in Buenos Aires, Argentina by the Group of Twenty ended in a disappointing note, as there were no agreements or solutions to President Trump’s trade wars. The meeting saw several finance ministers from all around the world, who had reportedly been discussing how the president’s recent actions surrounding trade could beRead More

German Foreign Minister: “We Can No Longer Completely Rely on the White House”

Germany’s foreign minister, Heiko Maas, recently stated that his country can no longer rely on the U.S. after President Trump called the European Union a “foe” of his administration. Heiko Maas told the German newspaper Funke: “We can no longer completely rely on the White House. To maintain our partnership with the USA we must readjust it.Read More

Canada Applies Tariffs On U.S. Products As Trade Wars Grow

After weeks of conflict between Canada and the United States, Canada has imposed tariffs on U.S. products. The tariffs were enacted in response to U.S. tariffs on Canadian steel and aluminum, which caused a great deal of tension between U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau. The American measures were applied atRead More

Foxconn to build 10$ billion factory complex, Harley-Davidson to move production outside the U.S.

The start of construction for a 10$ billion Foxconn factory complex in Wisconsin was planned to be used by the Trump administration as proof of the beginning of the “America First” policy, which has been promoted and teased by the president himself since his 2016 campaign. However, this was contrasted with an announcement by Harley-DavidsonRead More

U.S. Secretary Defense goes to China and meets with President after trade war tensions increase

In face of rising tensions and potential conflict between the U.S. and China over trade and investments, US Secretary Defense James Mattis had a meeting with Chinese President Xi Jinping in Beijing. The president highlighted the importance of the U.S.-China relationship and stated that trade wars or possible military conflicts between the two should not jeopardize it.Read More

Trump’s trade wars with G7 allies and China are already affecting the global economy

During the last month, the Trump administration has caused several amounts of controversy due to the “trade wars” between the U.S. and its G-7 allies and China. The U.S. is prepared to implant tariffs in said countries due to “unfair” trade deals and national security issues, and each country involved has stated that it couldRead More