"The EU and China are broadly on a colliding trajectory in terms of their trade and industrial policy concerns," he told CNBC. Bones of contention include the challenge of China's overcapacity and trade diversion to Europe, Stec, who is also head of the Mercator Institute's Brussels office, explained.

WASHINGTON (AP) — President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift between two North American countries that have suffered a debilitating blow to their decades-old alliance.

The value of apparel imports from China to the U.S. fell in May to its lowest monthly level in 22 years, according to latest trade data, highlighting the impact of steep U.S. tariffs.

TCS CEO and Managing Director K Krithivasan says an uncertain macroeconomic climate remains a key challenge for the company. He hopes more clarity on the U.S.-China trade deal will help revive consumer confidence in the U.

That gives Swamy Kotagiri, CEO of Magna International, the largest auto-parts manufacturer in North America, a first-hand perspective of how tariffs, trade negotiations and shifting supply chains are reshaping the future of the business. How is the ...

Kazakhstan, whose close ties with Russia and China have made it a significant regional player in Central Asia, has said it is ready to reach a compromise with the Trump administration over tariffs due to take effect next month.

The Indian rupee is poised to open weaker on Wednesday, pressured by a renewed tariff barrage from U.S. President Donald Trump that widened the scope of his trade offensive. The 1-month non-deliverable forward indicated an open in the 85.

That's the average cost of a Chinese ship-to-shore crane, according to shipping officials, several million dollars less than the cheapest alternatives. The industry is asking for a delay to proposed tariffs of up to 100% on the cranes,