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Xi warns protectionism 'leads nowhere' as starts SE Asia tour
Chinese leader Xi Jinping warned Monday that protectionism "leads nowhere" and that a trade war would have "no winners", state media said, as he was due to kick off a tour of Southeast Asia with a visit to Vietnam. He also reiterated Beijing's line that a "trade war and tariff war will produce no winner, and protectionism will lead nowhere", the agency added.
Trump downplays tariffs walk-back, says no country 'off the hook'
US President Donald Trump warned Sunday that no country would be getting "off the hook" on tariffs despite a 90-day reprieve on some levies, while also downplaying exemptions for Chinese technology.
Trump advisor Navarro looks to cool spat with Musk
Donald Trump's trade advisor Peter Navarro on Sunday insisted that "everything's fine with Elon" Musk, after the Tesla chief called him a "moron." Everything's fine with Elon," Navarro told broadcaster NBC on Sunday.
China calls on US to 'completely cancel' reciprocal tariffs
China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment. Beijing's commerce ministry on Sunday called the exemptions a "small step" by Washington and said that China was "evaluating the impact" of the decision.
Bulgarian border city hails Schengen tourism boom
There always used to be a long line of traffic waiting to cross the steel truss Danube Bridge over the river between Giurgiu in Romania and the Bulgarian city of Rousse on the other side. On weekends, a long line of cars with mostly Romanian registration plates crosses the border bridge towards the Bulgarian commercial hub, bringing with them tourists who boost the local economy.
Indonesia palm oil firms eye new markets as US trade war casts shadow
Indonesia palm oil firms eye new markets as US trade war casts shadow
'Slow travel' start-up launches cross-Channel crossings by sail
The crossing may be "a bit choppy", Captain Andrew Simons warns a dozen of his passengers waiting in the French port of Boulogne to cross the Channel with only wind to get them to England. Simons imagined a new mode of cross-Channel transport "offering that experience of the sea to people who are not travelling with a car".
US exempts tech imports in tariff step back
The Trump administration has announced a series of major exemptions to its punishing global tariffs -- an apparent step back in an escalating trade war with China. Washington and Beijing's escalating tariff battle has raised fears of an enduring trade war between the world's two largest economies and sent global markets into a tailspin.
UK lawmakers begin emergency debate to save British Steel
UK lawmakers held a rare Saturday parliamentary debate as the government seeks to pass emergency legislation to stop the last British factory that can make steel from scratch shutting down. She added that Saturday's emergency legislation would provide for criminal sanctions if executives fail to comply with instructions to keep the blast furnaces open.
AFP
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