Uncertainty and trade tensions slow down the ..
Dec 19 - 2019
19
Dec
The United States and China cooled their trade war on Friday, announcing a "Phase one" agreement that reduces some US tariffs in exchange for what US officials said would be a big jump in Chinese purchases of American farm products and other goods. Beijing has agreed to import at least $200 billion in additional US goods and
19
Dec
Produce from the EU being exported to the US could be facing additional tariffs costing billions of euros, according to a US government statement released on Monday. The US Trade Representative (USTR) threatened the extra duties on EU produce, saying it was in response to a long-running dispute on subsidies placed on large passenger aircraft.
19
Dec
In its spring forecast, the European Commission said it now expects GDP to grow this year by 1.4% in the European Union and 1.2% in the Euro Area. That is compared to 1,5% (EU) and 1.2% (EA) forecast in winter and 1.9% (EU + EA) in the autumn forecast. Whilst domestic factors are set to support the European econom