Trump reignites trade battle with Europe over digital tax
25 January 2020 | 12:51 pm
After securing a trade truce with China, the US president has now turned to the EU. Trump threatened car tariffs if European countries implement a digital tax. The EU says a new deal could come "in a few weeks."
Activists slammed UN human rights chief Michelle Bachelet for her restrained criticism directed at China's leaders after her return from Xinjiang. But Bachelet noted that her visit was "not an investigation."
Israel has signed a free trade deal with the United Arab Emirates – its first with an Arab country. The historic pact builds on the normalisation of ties in 2020 and eliminates tariffs on 96 percent of goods. It aims to bring growth and lower prices to both countries. We take a closer look.
Hungry for chips, the EU hopes to tap into Taiwan's semiconductor and microchip industry. Fresh talks with Taipei come amid tense relations with China though, which regards Taiwan as a breakaway province.
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A combination of geopolitical tensions and higher costs are pushing large firms to look for alternative production sites. Vietnam's strong economic performance in recent years has drawn the attention of European firms.
The US president has outlined a new plan for economic cooperation with Latin America amidst rising Chinese influence in the region. He is also expected to present a new plan for regional migration issues.
At a UN General Assembly meeting, China and Russia explained their vetoes of a proposal that would have imposed new sanctions on North Korea.
Wei Fenghe slammed US Secretary of Defense Lloyd Austin's "smearing" accusation that China was causing regional instability. He said Beijing would do whatever it takes to ensure reunification with Taiwan.
The US Defense Secretary said Chinese military activity around the self-governing island threatened to change the status quo. Lloyd Austin said Washington would continue to stand by Taiwan at an event in Singapore.
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Germany sees massive dip in Russia exports, uptick in China imports. Despite trying to wean itself off of Russian energy imports, Germany is paying record prices for them. At the same time, Berlin has built up a large import surplus with Beijing.
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