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This week the u. S. And china imposed fresh tariffs on each others goods its the latest round in a bitter trade dispute the irony of the conflict is highlighted by scenes like these workers in a chinese factory making banners and flags for Donald Trumps twenty twenty reelection campaign. The dispute between the worlds leading economies has escalated dramatically since this meeting between the american president and his chinese counterpart xi jinping almost a year ago whats happened since and what has it meant for the two countries last year the u. S. Imported more than Five Hundred Billion dollars worth of goods from china in june of this year trump slapped tariffs on Fifty Billion dollars worth of them this week duties came into effect on another Two H ....
A let up in the tit for tat spat economists say the real losers in this trade battle could ultimately be the consumers in both countries of wheat beer in the approved manner but for some there s a bitter aftertaste in the knowledge that the company that made the robot has been sold to a chinese firm how competitive is german industry in the age of digital i s ation that was on chancellor angela merkel s mind at a meeting of german industry groups in a speech she made the point that german industry can t even produce the batteries for its own electric cars then yes you know the f.t. china opens the first battery cell production companies here that s nice that means battery cells will be made in europe too but i don t know whether that should be our goal not to be able to do it ourselves in the european union so i advocate that we develop the strategic ability to produce battery cells too in the coming decades that will be extremely important. to fix theme the growing competition ....