Tag: counter
World’s seven wealthiest countries agree to counter China’s trade practices
G7 finance ministers and central bank governors pledge to address ‘economic imbalances’, without naming China Top finance officials from the world’s seven wealthiest democracies have set aside stark differences on US tariffs and agreed to counter global “economic imbalances”, a swipe at China’s trade practices. Ahead of the meeting of G7 finance ministers and central…
Xi announces plan for Chinese economy to counter impact of US trade war
Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products Xi Jinping has announced a plan to counter China’s continuing economic problems and the impact of the US trade war, as reports swirl that it could drop tariffs on some US products, including semiconductors. Friday’s meeting of the politburo…
Canada to counter ‘unjustified’ US tariffs with 25% taxes on US cars, says Carney
Canadian prime minister says country will impose taxes on US vehicles not compliant with continental free trade deal Canada will retaliate against “unjustified, unwarranted” tariffs imposed by the United States with a 25% tax on US vehicles, says Mark Carney. On Wednesday, Donald Trump announced wide-ranging tariffs on dozens of countries, but did not add…