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

'We are one' says PM Ardern as New Zealand mourns with prayers, silence

22 Mar, 2019 Tribune

PHOTO: REUTERS CHRISTCHURCH:The Muslim call to prayer sounded out over Christchurch and around New Zealand on Friday, as thousands gathered to remembe ... Detail

Indian forces kill seven Kashmiris in fresh crackdown

22 Mar, 2019 Tribune

SRINAGAR:Indian security forces on Friday killed seven Kashmiris during gunbattles in the occupied valley – the highest number of clashes in a single ... Detail

Aid workers scramble to get relief supplies to Mozambique cyclone victims

22 Mar, 2019 DailyTimes

People in Buzi, a district of Beira, take shelter in a secondary school ... Detail

UNHRC condemns Israel's unlawful use of lethal, other excessive force in Gaza

22 Mar, 2019 Radio Pakistan

The United Nations Human Rights Council today condemned Israel’s intentional use of unlawful lethal and other excessive force against civilian p ... Detail

EU says it does not recognize Israel's sovereignty over Golan Heights

22 Mar, 2019 Radio Pakistan

The European Union has underlined that it does not recognize Israel’s sovereignty over the Golan Heights.The EU spokeswoman said the position of ... Detail

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