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Trade

G7 summit fails to heal trade rift as Trump exits early

LA MALBAIE: The leaders of the G7 on Saturday failed to heal a tariff dispute that has pushed them to the brink of trade war, as Donald Trump quit their summit early warning Canada, Japan and Europe that "the gig is up." Trump had come…

EU ‘not at war with anyone’ on trade: Mogherini

BRUSSELS: EU foreign policy chief Federica Mogherini says the bloc was not in a trade war with anyone but would defend its interests, hours after the US slapped punishing metals tariffs on Europe and other close allies. “The European…

US, China agree to abandon trade war

BEIJING: Washington and Beijing have agreed to abandon any trade war and back off from imposing tariffs on each other, Chinese state media reported Sunday. The announcement came after high-level talks in the US capital and followed…