Trade wars damage the global economy, only produce losers and are ineffective in...
FILE PHOTO: Germany's Bundesbank President Jens Weidmann delivers a speech in Berlin, Germany, August 23, 2018. REUTERS/Hannibal Hanschke
The United States stepped up pressure on China this week by imposing a new set of tariffs on Chinese products but media reports suggest that the U.S. administration is inclined to put off a decision on imposing car tariffs, which could impact its relationship with Germany, Europe’s biggest car producer.
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