Trade

Internal market flourishes, but protectionism looms
Trade is booming within the European Union. The exchange of goods among the member states is flourishing on the EU's internal market. But there are worries about trade relations outside the EU. US President Donald Trump is putting the EU under pressure with punitive duties. Also, Europe likewise faces major challenges in structuring its trade relations with Britain after the British withdrawal from the EU.
(L-R) Chinese Premier Li Keqiang, EU Council President Donald Tusk and European Commission President Jean-Claude Juncker attend a signing ceremony at the Great Hall of the People in Beijing on July 16, 2018. Photo: Wang Zhao / AFP
(L-R) Chinese Premier Li Keqiang, EU Cou […]

EU urges big powers to avert trade ‘conflict and chaos’

The EU urges the US, China and Russia to work together to ease worsening global trade tensions, warning that they could otherwise spiral into "conflict and chaos".
US President Donald Trump speaks to the media as Britain's Prime Minister Theresa May listens prior to a meeting at Chequers, the PM's country residence, near Ellesborough, northwest of London on July 13, 2018. Photo: Brendan Smialowski / AFP
US President Donald Trump speaks to the […]

Trump hails ties with UK despite Brexit criticism

US President Trump plays down his attack on Britain's Brexit plans, praising PM May's leadership and insisting ties between the two countries "have never been stronger".
ILLUSTRATION - A model figure stands in Stuttgart (Baden-Württemberg) on a mirror reflecting an American flag and an European Union flag . Photo: Wolfram Kastl/dpa/archive
ILLUSTRATION - A model figure stands in […]

EU: US tariffs on European car imports could cost the US 14bn dollars

EU vehicle imports to the US are stable and "do not threaten or impair the health of the US industry and economy," the letter says, adding that the US automobile industry is "healthy."
15.05.2018, Rheinland-Pfalzn, Mainz: Ein Kunde bezahlt auf dem Mainzer Wochenmarkt seine Erdbeeren. Das Leben in Deutschland ist teurer als im EU-Schnitt. (zu dpa «Teures Deutschland? Hohe Preisunterschiede in Europa» vom 22.06.2018)
15.05.2018, Rheinland-Pfalzn, Mainz: Ein […]

German price levels 5 per cent higher than EU average in 2017

Frankfurt – Consumer price levels in Germany were 5 per cent higher than the average in the European Union’s 28 member states in 2017, statistics released Friday showed. The most expensive country within the bloc was Denmark, where the price level was 41.5 per cent above the EU average, according to data from the Federal […]
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