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

Germany bans Khashoggi suspects from much of Europe

20 Nov, 2018 DailyTimes

Germany has issued entry bans for 18 Saudi citizens suspected of involvement in the killing of journalist Jamal Khashoggi in Riyadh’s Istanbul c ... Detail

Could strength training boost heart health even more than cardio?

20 Nov, 2018 DailyTimes

New research presented over the weekend at the American College of Cardiology (ACC) Latin America Conference 2018 in Lima, Peru, has found that streng ... Detail

Evacuations urged near Guatemala’s erupting Volcano of Fire

20 Nov, 2018 DailyTimes

Disaster coordination authorities have asked 10 communities in Guatemala to evacuate and go to safe areas after an increased eruption of the Volcano o ... Detail

Victims mourned as toll hits 77 in California wildfire

20 Nov, 2018 DailyTimes

The toll from the deadliest and most destructive wildfire in California’s history rose further on Sunday to 77, the sheriff’s office said, ... Detail

Peru ex-president Garcia asked for asylum in Uruguay: foreign ministry

20 Nov, 2018 DailyTimes

Former Peruvian President Alan Garcia entered the Uruguayan embassy and applied for asylum, hours after being banned from leaving the country while un ... Detail

Post Your Comments
Type your Comments / Review in the space below.
Verify Code