logo
Chinese, EU Trade Heads to Meet as Trump Tariff Tensions Rise

Chinese, EU Trade Heads to Meet as Trump Tariff Tensions Rise

Bloomberg26-05-2025

Top trade officials from the European Union and China are planning to meet again early next month, another sign that both sides are stepping up engagements as they try to push back against tariff pressure from Donald Trump.
Chinese Commerce Minister Wang Wentao and the European Commissioner for Trade and Economic Security Maros Sefcovic are set to meet on the sidelines of a WTO ministerial meeting in Paris in early June, according to a spokesperson for the EU. The news was earlier reported by Chinese state media Global Times.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gen. Clark on European Union Push for Air Defenses
Gen. Clark on European Union Push for Air Defenses

Bloomberg

time17 minutes ago

  • Bloomberg

Gen. Clark on European Union Push for Air Defenses

Retired General Wesley Clark, Former NATO Supreme Allied Commander Europe, discusses NATO pushing the European Union to boost air defenses and how quickly this could happen. He also shares his reaction to the notion that warfare is changing, reflecting on the Ukraine drone strike on Russia. Retired General Wesley Clark speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's 'Balance of Power.' (Source: Bloomberg)

Ukraine's Drone Strike Is a Warning—for the U.S.
Ukraine's Drone Strike Is a Warning—for the U.S.

Wall Street Journal

time42 minutes ago

  • Wall Street Journal

Ukraine's Drone Strike Is a Warning—for the U.S.

By now Americans know about Ukraine's remarkable drone strike on Sunday that damaged as many as 40 aircraft deep inside Russia as strategic bombers sat like ducks in a row on military bases. One urgent lesson beyond that conflict is that the U.S. homeland is far more vulnerable than most Americans realize. The details about Ukraine's daring operation are few, but Kyiv managed to sneak cheap drones across the border and use them to destroy costly Russian military assets. The bang for Ukraine's buck was considerable. You don't have to be a fan of thrillers to imagine a similar scenario in the United States.

Trump promises to hike steel and aluminum tariffs to 50% starting Wednesday. Here's what we know
Trump promises to hike steel and aluminum tariffs to 50% starting Wednesday. Here's what we know

Washington Post

timean hour ago

  • Washington Post

Trump promises to hike steel and aluminum tariffs to 50% starting Wednesday. Here's what we know

NEW YORK — U.S. President Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% on Wednesday, a move that would hammer businesses from automakers to home builders, and likely push up prices for consumers. Foreign-made steel and aluminum is used in household products like soup cans and paper clips as well as big-ticket items like a stainless-steel refrigerators and cars. Economists warn that the latest tariffs will significantly squeeze the wallets of both companies and shoppers alike.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store