EU May Retaliate if US imposes Car Import tariffs The European Union(EU) says it is already preparing measures to retaliate against the U.S. if President Donald Trump imposes tariffs on imported cars and auto parts. EU Trade Commissioner Cecilia Malmstrom said Thursday that the 28-nation bloc...

Oil Prices, Stocks Fall Over Trumps Trade War Fresh fears of a trade war between the world’s top two economies sent Asia markets tumbling on Monday after the United States and China imposed tit-for-tat tariffs on billions of dollars of imports. Energy firms were among the...

China hits back against US Tariffs China says  that it will strike back quickly if the United States hurts its interests, hours before US President Donald Trump was due to unveil revisions to a tariff list targeting 50 billion dollars’ worth of Chinese goods. Washington and...

Tariffs: Canada drags US to WTO Canada has filed a challenge at the World Trade Organization (WTO) against the United States(US) tariffs on steel and aluminum, hours after the European Union (EU) initiated a similar dispute. “These unilateral tariffs, imposed under a false pretext of safeguarding...

ZTE Gets Lifeline from Trump, Xi U.S. President Donald Trump has said that he and Chinese President Xi Jinping are working to give Chinese telecom company ZTE Corp “a way to get back into business, fast.” “President Xi of China, and I, are working together to...

Buhari’s Visit: U.S. to Repatriate $500m The visit of President Muhammadu Buhari to President Donald Trump has yielded the finalisation of negotiations to repatriate more than 500 million dollars (about 190 billion Naira) of Nigeria’s looted money traced to the U.S. Nigeria’s Attorney-General and Minister of...