Trade War

Speech by CS at Europe Day Reception (English only) (with video) ****************************************************************      Following is the video speech by the Chief Secretary for Administration, Mr Matthew Cheung Kin-chung, at the Europe Day Reception this evening (May 10):   Mr Gnocchi (Head of the European Union (EU) Office to Hong…

German scandals are not like other scandals. The bouquet of a classic German scandal contains unmistakable notes: a rabbit-hole impenetrability, the implication of an entire guilt-ridden society, and, most importantly, a sense that the controversy says something essential about Germany as a whole. German scandals are collectivized. They are about…

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Lost in the debate over whether today's ultra-loose fiscal and monetary policies will trigger painful inflation is the broader risk posed by potential negative supply shocks. From trade wars and de-globalization to aging populations and populist politics, there is no shortage of inflationary threats on the horizon. Read Full Article…

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Boris Johnson tonight claimed the UK 'wouldn't dream' of blocking exports of Covid jabs to the EU as he sought to defuse the vaccine war brewing on the continent. Bloc bosses are threatening to ban supplies of AstraZeneca's jabs from coming into the UK amid a row over millions of…

1616795516Thank you for following our live coronavirus blogTune back in tomorrow when we’ll have more live updates on the Covid-19 pandemic. 1616795364One thousand protesters face police at third Bristol ‘Kill the Bill’ demoHundreds of people gathered on College Green on Friday to rally against the Government’s Police, Crime, Sentencing and…

By Matthew Sparkes Silicon wafers being transported in clean rooms at the GlobalFoundries semiconductor plant in Germany Liesa Johannssen-Koppitz/Bloomberg via Getty Images The world is experiencing a computer chip shortage due to a perfect storm of problems including a global pandemic, a trade war, fires, drought and snowstorms. It has…

Ornua paid around €50m in US tariffs last year after Kerrygold butter got caught up in a long-running transatlantic trade war. he figure is roughly equivalent to the group’s operating profit in 2019, the year Kerrygold became Ireland’s first billion-euro food brand. It’s also the number two butter brand in…

When Donald Trump stormed into the White House in 2017, he brought with him highly unorthodox ideas about how the U.S. should trade with the rest of the world. Under his “America First” trading policy, the new president instituted heavy tariffs on things like steel, washing machines, and solar panels — raising…