Merz backs EU plan to protect steel sector from Chinese imports
Germany supports proposals by the EU to increase tariffs on foreign steel as the bloc struggles with cheap imports, especially from China, Chancellor Friedrich Merz said Thursday. “These proposals are a step in the right direction,” Merz said following talks with key steel industry players in Berlin. The EU in October floated plans to double […]
US exempts tech imports in tariff step back
The Trump administration has exempted a raft of consumer electronics from its punishing import tariffs — offering relief to US tech firms and partially dialling down a trade war with China. A notice late Friday by the US Customs and Border Protection office said smartphones, laptops, memory chips and other products would be excluded from […]