BBCNEWS Business Briefing July 14, 2024
It is the first chance for the market to respond to the us china trade twist. Just days after reaching a truce with china, washington has ratcheted up pressure on europe in their long running dispute over aircraft subsidies. The Us Trade Representatives Office is now threatening tariffs on another 4 billion of eu goods including olives, Italian Cheese and scotch whisky. Thats on top of the list of products worth 21 billion announced in april. The news of new tariffs comes as eu leaders meet later this morning. They will try and break the deadlock over who should get the top jobs including the ...