Euphoric stock markets celebrated the China-U.S. trade truce by marking record h...
), to the involvement of China’s Huawei in building 5G networks and different approaches to tackling Iran’s nuclear program.
Tariffs would be an additional blow as carmakers struggle with an auto industry downturn, particularly in key market China, and the need to increase electric vehicle investment as several countries move to eventually ban combustion engines. Last year, they fell 17% while the broader European Stoxx 600 index had its best year in a decade with a 23% rise., the export oriented index of Europe's largest economy, plunging to a 10-year low relative to the index.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump is threatening a damaging new trade war with the United Kingdom after Brexit - Business InsiderDonald Trump is threatening a damaging new trade war with the United States' closest longstanding ally.
Read more »
China's Xiaomi still eying US market entry despite trade warXiaomi has been on a huge international expansion drive over the past few years, launching its products in India, Europe and other parts of the world.
Read more »
The US could still put tariffs on EU carmakers despite new trade talks, Wilbur Ross saysThe United States could still apply tariffs on European carmakers, despite their aim to put together a new trade deal, the U.S. Commerce Secretary told reporters in Davos Thursday.
Read more »
Trump claims the EU has 'no choice' but to agree a new trade dealThe European Union has 'no choice' but to negotiate a new trade deal with the U.S., President Donald Trump told CNBC on Wednesday.
Read more »
Opinion | How Many Tariff Studies Are Enough?From WSJopinion: The evidence of economic harm from tariffs keeps piling up, writes The Editorial Board
Read more »