Europeans, IMF tell Trump to step back from trade war [Radio Pakistan] 07 Mar, 2018

LONDON (Reuters) - Europe and the IMF urged Donald Trump on Wednesday to step back from the brink of a trade war, after the resignation of his top economic adviser emboldened those encouraging him to push ahead with tariffs on imported steel and aluminum.The departure of Gary Cohn, seen as a bulwark against Trump’s economic nationalism, hit shares, oil and the dollar on Wednesday, as investors saw an increased likelihood of tit-for-tat trade measures that would depress global growth.Trump plans to impose a duty of 25 percent on steel and 10 percent on aluminum to counter cheap imports, especially from China, that he says undermine U.S. industry and jobs.

More News

US President to meet Chinese Vice Premier Liu He today

22 Feb, 2019 Radio Pakistan

US President Donald Trump will meet with Chinese Vice Premier Liu He at White House in Washington on Friday (February 22).Earlier, the US and Chinese ... Detail

US, Turkey agree to carry out US military pullout from Syria

22 Feb, 2019 Radio Pakistan

The United States and Turkey have agreed to carry out the US military pullout from Syria in line with their mutual interests.US President Donald Trump ... Detail

Kashmiri students flee Indian backlash after Pulwama attack

22 Feb, 2019 DailyTimes

Junaid Ayub Rather cowered alongside 30 other students in a small room for two nights while mobs chanted for their blood outside, before finally escap ... Detail

Fire in centuries-old part of Bangladesh’s capital kills 70

22 Feb, 2019 DailyTimes

A devastating fire raced through densely packed buildings in a centuries-old shopping district in Bangladesh’s capital, killing at least 70 peop ... Detail

Pelosi urges support for resolution to block border wall emergency

22 Feb, 2019 DailyTimes

House Speaker Nancy Pelosi on Wednesday called upon lawmakers to back a resolution to halt the national emergency declared by US President Donald Trum ... Detail

Post Your Comments
Type your Comments / Review in the space below.
Name:
Email:
City:
Verify Code