Last week, the trade war shifted to the Atlantic, when the United States (US) announced higher tariffs on $7.5 billion worth of goods, mostly agricultural and industrial products, including textiles, foods, liquor and consumer goods.
This followed a ruling at the World Trade Organization (WTO), favouring the US in a complaint regarding subsidies to Airbus by some European countries for making airplanes. The announcement came when global markets were reeling under reports of a slowing US economy, moves to impeach the US president, uncertainties about Britain’s exit from European …
source https://cvrnewsdirect.com/sombre-news-on-global-markets/
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