After several days of intense negotiations in Geneva, the US and China agreed to significantly reduce tariffs, marking a reversal in the trade war that began less than a month ago.
The German car industry is under serious attack due to new US tariffs. The European Commission is looking for a diplomatic solution, but does not rule out countermeasures if negotiations fail
After the European Union responded by introducing tariffs on American bourbon to the tariffs recently introduced by Donald Trump in Europe, the American president is now threatening new taxes - of 200 percent, on wine and champagne
Trade routes have become the main avenue of geopolitical competition in order to control the straits, gain supremacy at sea, and therefore military and trade dominance, and critical points on them are choked by climate shocks, war conflicts and - pirates
This year, China is expected to export around 500.000 electric cars to Europe. The price is on average 20 percent lower than the Western competition, and the technology is not far behind. The European Commission wants to oppose "unfair" competition with punitive measures. A trade war is on the horizon
After the companies Dell and Apple and HP, he joined the trend of moving production from China to nearby countries. As reported by the Asian media, this is part of the American strategy of "reducing risk factors" due to the tension between the two countries
